Portland Oregon Construction or Mechanics Lien Package - Corporation

State:
Oregon
City:
Portland
Control #:
OR-P091A-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package is designed to assist the corporation or limited liability
company who provides labor, materials or services to improve real property
in recovering money owed through a lien on the improved property. This
package includes (1) Information about the Construction or Mechanics Lien
Procedure, (2) Forms List, (3) Description of Forms, (4) Tips on completing
the forms using form fields, (5) Forms, and (6) Access to a Law Summary for
your state. This package does NOT include forms for the owner of the
improved property.



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  • Preview Oregon Construction or Mechanics Lien Package - Corporation
  • Preview Oregon Construction or Mechanics Lien Package - Corporation
  • Preview Oregon Construction or Mechanics Lien Package - Corporation
  • Preview Oregon Construction or Mechanics Lien Package - Corporation
  • Preview Oregon Construction or Mechanics Lien Package - Corporation

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FAQ

If contractors and suppliers don't get paid on a construction project in Oregon, they can file a mechanics lien to secure payment. A mechanics lien is a legal tool that provides the unpaid party with a security interest in the property.

Know Your Oregon Lien Deadlines! Time is of the essence, so we'll reiterate for clarity: no matter what role you played in the process, you must file an Oregon mechanic's lien within 75 days from the date you last delivered labor or materials.

Information regarding liens in Oregon is public record. Anyone needing such information can find it in the liens section on the Oregon official website.

The process of bonding off a mechanics lien starts after a claimant has filed a mechanics lien. After the claim is made, a general contractor or a property owner can contact a surety bond company to purchase a surety bond that replaces the value of the lien that was filed against the property.

Information regarding liens in Oregon is public record. Anyone needing such information can find it in the liens section on the Oregon official website.

Liens are usually filed by one of your general contractor's subcontractors, employees, material suppliers, or equipment rental companies, because the general contractor did not pay for the work performed, materials supplied, or equipment rented. Your general contractor may file a lien if you have not paid him or her.

You have 75 days to file a lien from: 1. The date you last worked or delivered materials to the property or 2.

Under Oregon's laws, those who work on your property or provide labor, equipment, services or materials and are not paid have a right to enforce their claim for payment against your property. This claim is known as a construction lien.

How to File a Mechanic's Lien in Oregon ? Step-By-Step Guide Step 1: Determine if you have the right to file a lien. Step 2: Send notice of right to lien. Step 3: Prepare the lien document. Step 4: File the lien. Step 5: Send notice of lien. Step 6: Secure payment. Step 7: Release the lien.

Can a lien be placed on your property without you knowing? Yes, it happens. Sometimes a court decision or settlement results in a lien being placed on a property, and for some reason the owner doesn't know about it? initially.

More info

This practice note explains the construction lien process in Oregon, from pre-lien notice requirements through foreclosure of a construction lien. Library of Congress.

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Portland Oregon Construction or Mechanics Lien Package - Corporation