Puerto Rico Waiver of Lien by Automobile or Car Mechanic

State:
Multi-State
Control #:
US-01793BG
Format:
Word; 
Rich Text
Instant download

Description

When a tradesman provides materials and services, the law provides him with a lien upon the item that was improved by his skill, materials, and labor. These liens come in two different varieties, the mechanic's lien and the repairman's lien.


A repairman's lien applies only to personal property and is created by long-standing common (judge-made) law. It most commonly arises with motor vehicles, but it applies to all items of personal property. The lien is created automatically when anyone makes repairs to personal property. It exists only as long as the item repaired is in the repairman's possession and the debt is unpaid. The repairman may hold the property until such time as the lien is repaid. This lien even takes priority over the lien held by a bank that financed the item, so that the bank cannot repossess the item from the repairman without first paying the repair bill. This makes sense because it is only fair that the bank pay for the repairs that improved the value of the property is it repossessing.

How to fill out Waiver Of Lien By Automobile Or Car Mechanic?

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FAQ

The through date is the most consequential field you'll complete, because the through date determines what is waived and what is not waived by the document. When you sign this lien waiver document, you are agreeing to waive your claims for all work completed on or before the date entered into this field.

There are various types of liens which may encumber a property under Puerto Rico Law. We are prepared to handle these and help the parties comply with their legal or contractual demands ingly.

When you have the correct template for the conditional progress payment waiver, simply fill in the required information: Name of Claimant. Write your full business name. Name of Customer. Write the full name of the party who hired you. Job Location. ... Owner. ... Through Date. ... Maker of Check. ... Amount of Check $ ... Check Payable to.

Texas state requires ?evidence of payment to the claimant exists? for a conditional waiver, and actual receipt of payment for an unconditional release.

Step 1: Fill out your Texas mechanics lien form. Now it's time for the big show: drafting and preparing your mechanics lien form for filing. ... Step 2: File your lien with the appropriate county recording office. ... Step 3: Provide written notice to the property owner & GC within 5 days.

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Puerto Rico Waiver of Lien by Automobile or Car Mechanic