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Commonly Asked Questions about Lien Claim Forms

What Does a Lien Mean? A lien gives a lender or other creditor the legal right to seize and sell your property (a house or car, for example) if you dont meet your financial obligations on a loan or other contract. Lien: Definition, Major Types, and Examples - Investopedia investopedia.com terms lien investopedia.com terms lien
To establish a Construction Lien, a party must be one of the following: Contractor: one who provides an improvement pursuant to a direct contract with the owner or tenant of the land. Subcontractor: one who provides labor and material to either a contractor or subcontractor.
About Michigan Notice of Intent to Lien Form If a party is refusing to pay your claim or ignoring your phone calls, sending a Notice of Intent to Lien to that party, the prime contractor and/or the property owner can let them know youre serious about collecting and prioritize your payment.
About New York Notice of Intent to Lien Form If a party is refusing to pay your claim or ignoring your phone calls, sending a Notice of Intent to Lien to that party, the prime contractor and/or the property owner can let them know youre serious about collecting and prioritize your payment.
Failure to record the lien within 90 days of the last work will invalidate the lien. Unless an owner pays pursuant to sworn statements and lien waivers, the owner risks that an unpaid contractor or supplier will later record a lien against the property.
(1) Unless subsection (2) or (3) applies, a judgment lien expires 5 years after the date it is recorded. (2) Unless subsection (3) applies, if a judgment lien is rerecorded under subsection (4), the judgment lien expires 5 years after the date it is rerecorded.
California has one of the shortest lien expiration dates of all US states. In California, a lien claimant must act to enforce their lien within 90 days of filing. As a property owner, you may decide to wait out the 90-day period and let the claim expire.