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Replace Text Affidavit Of No Lien

Replace Text Affidavit Of No Lien

Aug 6th, 2022

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How to Replace Text Affidavit Of No Lien

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The video tutorial discusses key changes to the mechanics lien law in Texas, effective January 1, 2022, specifically focusing on three major updates. First, the filing deadline for liens has been clarified: if it falls on a weekend or holiday, the next business day is the new deadline, potentially giving contractors extra time. Second, the requirement for an acknowledgment or notary for the statutory lien waiver has been removed, which raises concerns about potential fraud. Consequently, escrow officers on the title side will need to adapt to this change to ensure proper handling of liens.

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