South Carolina Waiver and Release of Lien by Contractor

State:
Multi-State
Control #:
US-01740
Format:
Word; 
Rich Text
Instant download

Description

The lienor in consideration for final and full payment, waives and releases its lien and right to claim a lien for labor, services, or materials furnished during a certain date.

How to fill out Waiver And Release Of Lien By Contractor?

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FAQ

Section 29-5-10 of the Statute provides, in relevant part, that ?[a] person to whom a debt is due for labor performed or furnished or for materials furnished and actually used in the ?of a [structure] upon real estate?by virtue of an agreement with?the owner?or person having authority from, or rightfully acting ...

Here are the most common ways a lien may be removed: Direct Discharge of Lien. In most cases, after your lien has been filed your customer resolves their account and you need to remove a lien. ... Discharge in Trust. Sometimes liens can be removed "in trust". ... Consent Order/Court Order. ... Failure to prove lien. ... Expiry.

At any time after service and filing of the statement required under Section 29-5-90 the owner or any other person having an interest in or lien upon the property involved may secure the discharge of such property from such lien by filing in the office of clerk of court or register of deeds where such lien is filed his ...

6 months from last furnishing of labor or material. (If civil action to enforce filed within this period, then lien continues for duration of civil action.)

(§ 29-5-430). The owner of property on which labor is being performed or material furnished may protect himself from the imposition of a mechanics' lien by giving notice in writing of his non-responsibility for the payment of such work to the person performing or furnishing such labor or materials. (§ 29-5-80).

State tax liens are active for 10 years. You cannot sell or refinance your property until you pay off your tax lien and receive a clear title.

In South Carolina, a claim of lien must be filed no later than 90 days after the last day on which the claimant furnished labor or materials to the project. Unlike many other states, South Carolina generally allows ?call-back? or warranty work to extend the time period in which a lien may be filed.

If you do not wish to continue any of your liens, no action is required. If you are a lienholder and need to remove a lien from a title, complete the lien release on the front of the title document, submit a letter on company letterhead or you may release the lien electronically on electronic titles.

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South Carolina Waiver and Release of Lien by Contractor