Charlotte North Carolina Assignment of Claim of Lien on Real Property - Individual

State:
North Carolina
City:
Charlotte
Control #:
NC-14-09
Format:
Word; 
Rich Text
Instant download

Description

This Assignment of Claim of Lien on Real Property form is for use by an individual party who has provided labor or materials for the improvement of property to assign his or her lien and to provide the date the lien claimant filed a Notice of Claim of Lien regarding the property and the amount of the lien.

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How to fill out North Carolina Assignment Of Claim Of Lien On Real Property - Individual?

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FAQ

In North Carolina, a lien claimant has 120 days from the date of last furnishing to complete these 3 steps: Fill out a mechanics lien form that meets NC requirements.File the lien with the county recorder's office.Serve a copy of the lien on the property owner.

The debtor is free to purchase new property without attachment of the liens, but the subject property is still tethered to the liens. Under North Carolina law judgment liens expire ten years from entry of the judgement.

Q: How much does an Appointment cost? A: The filing fee for an Appointment of Lien Agent is $30 for a 1-2 Family Dwelling and $58 for any Other property type.

§ 44A-12(b) ? 120-day timeframe for filing Claim of Lien on Real Property from date of Last Furnishing. N.C. Gen. Stat.

A judgment lien in North Carolina will remain attached to the debtor's property (even if the property changes hands) for ten years.

In North Carolina, N.C. Gen. Stat. § 44A, et seq. allows companies and individuals who have contracted to improve real property to file a claim of lien on that real property in order to secure payment for money owed.

In North Carolina, a contractor must file a formal lawsuit after filing a mechanic's lien. In your answer to the lawsuit, you can challenge the validity of the mechanic's lien and continue to fight the lien through litigation. Of course, litigation always has the potential to be costly and time-consuming.

In North Carolina, a judgment (and the lien on real property created by the judgment) expire ten years from the date of the judgment. The statutes provide that no execution may be issued after the judgment, and its corresponding lien, expire.

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Charlotte North Carolina Assignment of Claim of Lien on Real Property - Individual