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Remove Sticky Notes in the Mechanic'S Lien

Remove Sticky Notes in the Mechanic'S Lien

Aug 6th, 2022

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How to Remove Sticky Notes in the Mechanic'S Lien

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Got questions?

Here are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do you bond around a mechanics lien?

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.

How do I remove an expired mechanics lien in Texas?

Under Section 53.171(c) of the Texas Property Code, a mechanics lien can be discharged with a bond even after the dispute has arisen and the lien has been filed. The bond must be substantially higher than the lien amounts.

How do I get around a mechanics lien?

To remove a mechanics lien, you simply need to pay the person who worked on your property. Contractors, subcontractors, and suppliers can only file mechanics liens when they do not receive payment for the work they performed on a property.

What is the Fullerton law on mechanics liens?

Generally, a claimant asserting a mechanics lien is entitled to the reasonable value of the services provided or materials supplied to the project or the contract price, whichever is less. In some states, the amount of the lien can be altered by the amount already paid by the owner or other limiting factors.

How much does it cost to bond around a lien?

The cost for these bonds is between 2-3% of the value of the lien inclusive of court costs. So if a mechanics lien is filed for $500,000.

How does a mechanics lien work in Indiana?

The purpose of Indianas mechanics lien statute is to provide a contractor a remedy for unpaid labor or materials furnished to the improvement of real property. Information on specific requirements for filing a mechanics lien and release can be found in Indiana Code 32-28-3 and 32-28-6 .

What is Chapter 53.160 of the Texas Property Code?

Section 53.160 - Summary Motion To Remove Invalid Or Unenforceable Lien (a) In a suit brought to foreclose a lien or to declare a claim or lien invalid or unenforceable, a party objecting to the validity or enforceability of the claim or lien may file a motion to remove the claim or lien.

What is the lien law in Idaho?

Idahos lien law can be found in Idaho Code Title 45, Chapter 5. Under this law, when you hire a contractor to do construction work for you, that contractor has a right to secure payment for labor and materials by placing a lien on the property being improved.

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