Tennessee Certificate of Satisfaction of Mechanic's or Construction Lien

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Multi-State
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US-01032BG
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Description

A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

In Tennessee, the title is given to the owner, or if applicable, the first lienholder. When a lien is satisfied, the lienholder is required to sign the release on the title, forward title to the owner and notify the Division within seventy-two (72) hours of the release.

The mechanics lien in Tennessee, also known as the Notice of Lien, must be in the form of a sworn statement containing the following information: The name of the claimant. The name of the party with which the claimant is in contract. The name of the property owner. The date of the first and last day of work.

Ing to the mechanics lien law, after your notices are served timely the lien must be filed in the county recorder's office in the county where the property is located. The lien may either be served by certified mail, return receipt requested, or personally served on each of the parties.

Under Tennessee Code § 66-11-106, ?A prime contractor's lien shall continue for one (1) year after the date the improvement is complete or is abandoned, and until the final decision of any suit properly brought within that time for its enforcement.? But just because you have a full year to file a mechanic's lien doesn' ...

Who can file a Tennessee mechanics lien? In Tennessee, the parties entitled to mechanics lien protection depend on the project type. Generally, Tennessee lien rights are expansive and include contractors, subcontractors, laborers, equipment, and material suppliers to any tier.

REQUIREMENTS: Please note all lien discharges should be sent to the State of Tennessee Vehicle Services Division. Submit to the VS Division a lien release on letterhead containing the correct and complete VIN with a signature and date of discharge. The lienholder must match VS Division records.

Lien Notation Send the completed form. Include all necessary support documentation. ... Include all fees. Lien notation fee: $11 per lien. County clerk fee: $8.50. State title fee: $5.50. Additional county fees may also apply. ... Information should be submitted to your local county clerk's office.

Mechanic's lien deadlines in TN are dictated by project completion or abandonment. For commercial projects, you should file the lien and serve a notice of the lien on the owner within 90 days after completion or abandonment of the project or 30 days from the date the notice of completion was filed.

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Tennessee Certificate of Satisfaction of Mechanic's or Construction Lien