Wyoming 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

How to Fill Out The Conditional Final Payment Waiver Form Name of Claimant. This is the name the party to be paid, and the party who will be signing the lien waiver document. ... Name of Customer. ... Job Location. ... Owner. ... Maker of the Check. ... Amount of the Check. ... Check Payable To. ... Exceptions.

Once your car loan is completely paid off, obtain a car title lien release from your lender so your state BMV or DMV can put the car title in your name. The lien removal process varies by state and typically involves completing paperwork and paying a fee for the new car title.

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

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.

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)

In Wyoming, general contractors must record a mechanics lien within 150 days of the date when they last furnished services to a project, while other parties such as subcontractors and material suppliers must file a mechanics lien within 120 days of the date when they last provided labor or materials to a project.

Any liens which appear on the front of the title must be properly released by a deputy county clerk OR you must be provided with a lien release or termination statement from the lien holder. A completed State of Wyoming Title Application and VIN Inspection Form.

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.

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Wyoming Waiver of Lien by Automobile or Car Mechanic