1 / 7

Lien Release. How, who, where and when to file it.

The lien release must be filed exactly in the same county office otherwise it would not be valid.

Download Presentation

Lien Release. How, who, where and when to file it.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Lien Release How, who, where and when to file it.https://www.TexasEasyLien.com/

  2. TexasEasyLien.com Compared to a Lawyer • There are several parties involved in a construction project who provide material, labor, and other services. • If they do not get paid, these contractors and suppliers can secure what they are owed by filing a mechanics lien . • They need to create a lien according to the state’s construction laws and later serve it to the property owner. • In the same way, after being paid, claimants need to provide a Lien Release to clear the property title.

  3. Mechanics Lien Release Mechanics liens are a form security offered by state’s legislative policy to secure the contractor and materialmen from non-paying or untimely paying project owners and general contractors on provided construction services. Mechanics liens give a contractor the right to lien the project owner’s real property. Once the claimant has been paid, the property owner should request a lien release. These forms are often forgotten since there is not always an obligation to file them unless they are requested. Sometimes they must even be requested in writing, depending on state’s laws.

  4. TexasEasyLien.com Compared to a Lawyer • State legislatures have created lien laws for the benefit of general contractors, subcontractors, and suppliers, among others and every state has their own lien laws, and different timelines and requirements for lien document filings. It is of utmost importance that these requirements are researched before starting a construction project to prevent missing documentation and/or deadlines in the event of non-payment. A sub-contractor can also file a lien on the owner’s real property for the lack of payments by their general contractors, even if the property owner has made all payments to the prime contractors.

  5. What should a Lien Release include? After a mechanics lien is filed with the county property records office, the only way to remove the lien is by filing a lien release signed and notarized by the same claimant that filed it in the first place. The lien release must be filed exactly in the same county office otherwise it would not be valid. A lien release should include the name of the project, common address and/or the legal property description and the recorded document number given to the claimant in the lien filed. A lien release should only be filed once the payment has been satisfied. If more than one lien was filed and the payment received only satisfied one of them, the other liens should be kept in place.

  6. TexasEasyLien.com Compared to a Lawyer Lien release is often mistaken by a lien waiver. These are totally different forms and contractors should only sign each of those when they are 100% sure of their meaning and purpose. A lien release dos not have to be filed by the lien claimant. The claimant can have it signed and notarized and property owners can take charge of the filing themselves. Some websites have designed simple and easy ways to create a lien release form. Quick and hassle-free. For more information and filing visit:https://www.texaseasylien.com/

  7. File Your Lien Online on texaseasylien.com mail@texaseasylien.com mail@texaseasylien.com 611 W 14th St Austin, TX 78701 +1 (866) 406-5436

More Related