Wake North Carolina Certificate of Satisfaction of Mechanic's or Construction Lien

State:
Multi-State
County:
Wake
Control #:
US-01032BG
Format:
Word; 
Rich Text
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Description

A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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How to fill out Certificate Of Satisfaction Of Mechanic's Or Construction Lien?

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When drafting an agreement, a public service application, or a power of attorney, it's crucial to take into account all federal and state statutes and regulations relevant to the specific region.

Nevertheless, smaller counties and even municipalities also have legislative procedures that you must factor in.

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FAQ

In North Carolina, the claiming party has 120 days from the last date of furnishing to file the lien. N.C. Gen. Stat.

Sign the mechanic's lien affidavit in front of a notary. File it at the County Recorder's Office, in the county where the property is located. Serve the mechanics' lien affidavit on the person who owes you money.

A lien of any kind, including a mechanic's lien, reflects your payment history. Your payment history makes up about 35% of your credit score. Therefore, any debt that remains unpaid for a long enough time that results in a lien against your property can have a substantial effect on your credit.

In North Carolina, a mechanics lien must be filed after the debt becomes due, but within 120 days from the date of last furnishing labor or materials to the project. If the claim is upon funds, there isn't a hard deadline for making a claim.

In South Carolina, construction liens, called mechanic's liens, are automatically created by statute to protect anyone to whom a debt is due for labor performed or furnished or for materials furnished and actually used in the erection, alteration, or repair of a building or structure upon real estate or the boring and

There are three basic steps to filing a Georgia mechanics lien: Fill out a Georgia mechanics lien form. Record the claim with the clerk in the county where the property is located. Serve the lien on the property owner within 2 days of recording.

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 mechanics lien must be filed after the debt becomes due, but within 120 days from the date of last furnishing labor or materials to the project. If the claim is upon funds, there isn't a hard deadline for making a claim.

North Carolina Lien Agents In North Carolina, a lien agent is a title insurance company or agency that must be notified prior to filing a mechanic's lien. General Statute 44A-11.1 requires a lien agent to be appointed by an owner on projects that are valued at $30,000 or more.

A South Carolina mechanics lien is only valid for six (6) months. Unless it is extended, you will need to enforce your lien claim within this deadline. If you get paid, it's a good idea to file a lien release form to discharge your lien claim.

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Wake North Carolina Certificate of Satisfaction of Mechanic's or Construction Lien