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Assemble Affidavit Of No Lien

Assemble Affidavit Of No Lien

Aug 6th, 2022

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How to Assemble Affidavit Of No Lien

4.6 out of 5

72 votes

The tutorial discusses recent changes to the mechanics lien law in Texas, effective January 1, 2022. Three significant updates are highlighted: 1. **Filing Deadline**: While the statutory deadline remains unchanged, it now clarifies that if a deadline falls on a Saturday, Sunday, or holiday, the following business day will be the new deadline. This adjustment potentially gives contractors additional time to file liens. 2. **Acknowledgment Requirement**: The previous requirement for a notarized acknowledgment on the statutory lien waiver has been removed, raising concerns about potential fraud. Consequently, escrow officers will need to stay vigilant regarding these changes to ensure compliance and prevent issues in title transactions. Overall, these modifications emphasize the need for contractors and industry professionals to be aware of the nuanced legal landscape.

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