Phoenix Arizona Release of Mechanic Lien - Mechanic Liens - Corporation or LLC

State:
Arizona
City:
Phoenix
Control #:
AZ-014A-09
Format:
Word; 
Rich Text
Instant download

Description

This Release of Mechanic Lien form is used by a corporation or LLC to release a recorded lien.


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FAQ

A materialmen's lien in Arizona is designed to provide a legal process for compensation to contractors and suppliers that have gone unpaid on a project. In most cases, a subcontractor can use a materialmen's lien when they performed work based on a contract with the building owner or the owner's agent.

A service is available on AZMVDNow.gov to check for liens and unresolved financial obligations on an Arizona titled vehicle.

In Arizona, the deadline to file a mechanics lien claim depends on whether or not a Notice of Completion has been filed on the project. If this notice hasn't been recorded on a project, then the default deadline to file a claim of lien is 120 days from completion of the project.

In general, there are 3 steps to file a mechanics lien claim in Arizona: Complete a mechanics lien form that meets the legal requirements. Download an Arizona mechanics lien form. File the lien claim with the county prothonotary (clerk) by the deadline. Serve a copy of the lien on the property owner.

On Arizona owner-occupied, 1-2 family residential projects, only parties who have a written contract with the owner-occupant may file a lien against his dwelling.

Except as provided in sections 33-1002 and 33-1003, every person who labors or furnishes professional services, materials, machinery, fixtures or tools in the construction, alteration or repair of any building, or other structure or improvement, shall have a lien on such building, structure or improvement for the work

Once a mechanic's lien is filed, the lien holder (you) can file a lawsuit against the property owner to foreclose the lien, which results in the property being sold at a foreclosure sale. You would then receive payment out of the proceeds of sale.

An Arizona mechanics lien is only valid for 6 months. You will need to enforce your lien claim before this deadline expires. If you get paid, you must file a lien release form to discharge your lien claim within 20 days.

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Phoenix Arizona Release of Mechanic Lien - Mechanic Liens - Corporation or LLC