Fort Collins Colorado Response to Demand of Supplier of Materials, Machinery, Tools, Laborers, or Services for Information Regarding Owner, Disburser, and Principal Contractor - Individual

State:
Colorado
City:
Fort Collins
Control #:
CO-30-09
Format:
Word; 
Rich Text
Instant download

Description

This Response to Demand of Supplier of Materials, Machinery, Tools, Laborers, or Services for Information Regarding Owner, Disburser, and Principal Contractor form is for use by an individual who has ordered or contracted for labor, services, machinery, tools, equipment, laborers, or materials to be used in the improvement of property, to respond to the Demand of Supplier of Materials, Machinery, Tools, Laborers, or Services for Information Regarding Owner, Disburser, and Principal Contractor. This response includes the name, address, and telephone number of the owner or reputed owner of the land to be improved; the name, address and telephone number of the principal contractor, if any; the name, address and telephone number of the disburser, if any; and a legal description or the address, if any, of the land to be improved.

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FAQ

The lien remains in effect for 7 years, even if the creditor does not force a sale. This means that you probably cannot sell the real estate during this time because a buyer would want you to pay the judgment in full before agreeing to purchase the property.

How long does a judgment lien last in New Jersey? A judgment lien in New Jersey will remain attached to the debtor's property (even if the property changes hands) for 20 years.

If contractors and suppliers don't get paid on a construction project in Colorado, they can file a lien to secure payment (even if they were hired by a tenant). A mechanics lien is a legal tool that provides the unpaid party with a security interest in the property.

If you are seeking to remove a lien from a vehicle, the lender will typically send the release of lien once the loan is paid in full. It can take up to thirty days to receive the title and the lien release after the final payment.

Restitution liens are effective for 12 years if the amount due is not paid. However, the lien can be extended indefinitely if it is continued every 12 years.

To show that a lien has officially been removed on a property, you have to file a document called a ?lien release? in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.

If the lien on your property is not valid or it is not a legal lien, then you can take legal action. You will want to file what is called a spurious lien action. A spurious lien is an invalid or illegal lien. You must file a spurious lien action in court, and a judge eventually decides whether the lien is valid or not.

How long does a judgment lien last in Virginia? A judgment lien in Virginia will remain attached to the debtor's property (even if the property changes hands) for ten years.

A Colorado mechanics lien only stays effective for 6 months after the date the project was completed, or labor or materials were last furnished to the project.

You can remove a mechanics lien only by one of two ways: The contractor records a release of mechanics lien; or. You file a petition with the court to release the mechanics lien.

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Fort Collins Colorado Response to Demand of Supplier of Materials, Machinery, Tools, Laborers, or Services for Information Regarding Owner, Disburser, and Principal Contractor - Individual