Oregon Release of Lien for Property
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How to fill out Release Of Lien For Property?
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FAQ
Once you have received payment from the customer, you must complete and file an Oregon satisfaction of lien form to release a mechanic's lien in Oregon (also known as a construction lien).
The lien must be filed within 75 days of the last day labor was provided or materials furnished.
No. There is no statutory requirement in Oregon that a lien waiver be notarized. However, OR Rev Stat § 701.630 (2015) specifically notes that an ?original contractor or subcontractor may require that . . . waivers of lien be notarized? by contract.
In Oregon, construction liens generally need to be recorded within 75 days from the date the project was substantially completed, or 75 days from the date that the lien claimant stopped providing labor, material, equipment, or services, whichever hap- pened first.
You must include a statement of demand, the name of the owners of the property, the name of the person who hired you, a description of the property and a proper verification under oath (notary). ORS 87.035(3)-(4). You must record the lien in the county where the project is located. ORS 87.035(2).
This form advises the party that a lien will be filed if payment is not received within 10 days. Since this is a non required document, you can deliver it electronically, or via mail. Sendinging documents via certified mail always adds another layer of professionalism to your payment practices.
How long does a judgment lien last in Oregon? A judgment lien in Oregon will remain attached to the debtor's property (even if the property changes hands) for ten years.
Under Oregon's laws, those who work on your property or provide labor, equipment, services or materials and are not paid have a right to enforce their claim for payment against your property. This claim is known as a construction lien.
