Wyoming Release of Lien for Materials

State:
Multi-State
Control #:
US-01775-AZ-4
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of a lien. The form provides that the lienholder chooses to release a certain parcel of property and the owner from all liability arising from the labor performed and materials furnished by the lienholder under the terms of a contra

How to fill out Release Of Lien For Materials?

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FAQ

Failure of payment due and owing to a contractor, subcontractor or materialman for work performed or materials provided to the project located on the property can result in the filing of a lien against the property.

To release a lien or security interest: You must complete and return a termination form (PDF) You must have your Wyoming Certificate of Title. If original lien was filed prior to July 1, 1993 a fee is required - refer to fee schedule (PDF)

If the back of the title does not provide for a date of sale and a sale price, you will need a separate bill of sale. This document only has to be signed by one owner and it is not required to be notarized.

Wyoming titles require all owners whose names appear on the face to sign as seller in the presence of a notary public.

You must file it in the office of the County Clerk of the county in which the owner resides. A notation of the security interest must be endorsed on the front of the Wyoming Certificate of Title. Additional collateral $1.00 each. Required fee for original lien - Refer to fee schedule (PDF)

Lien claim (Private): Prime contractor - 150 days after the earlier of (1) last day work was performed or (2) the date the project is substantially complete, whichever is earlier; Subcontractor - 120 days after the earlier of (1) last day work was performed or (2) the date the project is substantially complete, ...

Wyoming is one of the three states that specifically requires lien waivers to be notarized. This can be a hassle and add time to the payment process, but non-notarized lien waivers in Wyoming are technical ineffective and not valid.

5 Ways To Remove A Lien From A Car Title #1: Lien release letter. #2: Letter of non-interest. #3: The lender was shut down. #4: The lender went out of business. #5: Court-ordered title. BONUS: Your lien may have already been discharged by your state.

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Wyoming Release of Lien for Materials