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OCR Affidavit Of No Lien

OCR Affidavit Of No Lien

Aug 6th, 2022

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How to OCR Affidavit Of No Lien

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40 votes

This tutorial discusses updates to the mechanics lien law in Texas, effective January 1, 2022, under Chapter 53 of the Texas Property Code. Three major changes are highlighted: 1. **Filing Deadline**: While the filing deadline remains unchanged, the law now clarifies that if the deadline falls on a weekend or holiday, the next business day is the new deadline, potentially giving contractors extra time to file.2. **Acknowledgment Requirement**: The requirement for an acknowledgment or notarization for statutory lien waivers has been removed. This change raises concerns about potential fraud in lien waivers.Escrow officers will need to adapt to these changes on the title side to ensure compliance.

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