Tennessee Assignment of Lien by General Contractor

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Multi-State
Control #:
US-02836BG
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Word; 
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Description

This form is an example of an assignment of a mechanic's lien. By virtue of express statutes in most states, mechanics and materialmen (persons who furnish materials for the erection of houses or other buildings), are entitled to a lien or preference in the payment of debts out of the houses and buildings so erected and to the land on which they are erected.
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FAQ

Those with direct contractual privity with the owner have 1 year from their last date of work file a Tennessee mechanics lien; subcontractors have 90 days from their last date of work to file a Tennessee mechanics lien.

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.

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.

Generally, a lien must be filed within 90 days of the completion of the work or improvement. Parties with a direct contract with the property owner must initiate a lawsuit to enforce a mechanics lien within 1 year after the completion of the work.

In Tennessee, project owners (or their appointed agents) must simultaneously record and serve a notice of completion for it to be effective. If done properly, it shortens the would-be deadline of 90 days by quite a bit.

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. Sending documents via certified mail always adds another layer of professionalism to your payment practices.

To attach the lien, the creditor files a certified copy of the judgment with the register of deeds in any Tennessee county where the debtor owns property now or may own property in the future.

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 Assignment of Lien by General Contractor