At the appropriate time to get a lien released, it’s essential to make sure the lien release form is proper to the circumstance, and that it adheres with state law. A lien is a legal method of procuring the payment of a liability. When a lien has been put on your property to procure payment…
A lot of businesses get bonded without comprehending the exact conditions of the bond agreement. In a worst-case scenario, this could result in a surety bond claim. That is why it’s vital to comprehend how surety bonds work, and what they are. What is a Bond Claim? Surety bond claims are legal proceedings that a…
When an individual owes you money and you do not receive a payment, there are several courses of action you can take. Sending letters demanding payment or hiring a collection agency can work, but if the efforts prove unsuccessful you can always file a lawsuit against the debtor. You can then use a court judgement…
A lien is a legal claim or right against a property by creditors. Finding any type of lien on a property throughout a real estate transaction could be a complete deal breaker in the sale. At a minimum, it may slow down the transaction procedure and turns out to be a nuisance for buyers, salespeople,…
A Notice to Owner (NTO) is a written notice that officially informs the owner of a progress that the senders, typically a vendor or contractor not negotiating directly with the owner, is looking to the owner to make sure the senders is paid prior to payment being made to the contractor on the project. Some…
If you have ever attempted to sell a or purchase home, you might be informed with property liens—which are linked to its mortgage. However, liens can additionally be put on other kinds of property, including vehicles or possibly work done on your home. What is a lien? And how do you get one taken off?…
If you’re beginning a new construction project in Valley of the Sun, then you could have “send an Arizona 20-day preliminary notice” jotted down on your schedule Even though it’s scheduled, you might not fully understand what it means, and that’s why Dar-Liens wanted to clear up confusion concerning the preliminary notice. Some may believe…
A construction lien is an assertion made towards a property by builders, contractors or subcontractors that hasn’t been paid for construction completed on that property. These types of liens are created to safeguard professionals from the result of not getting paid for services provided. A construction lien is going to make it challenging or not…
A mechanic’s lien is an ensuring of payment to builders, contractors, and construction companies that repair or build structures. This type of lien also extends to material suppliers and subcontractors and additionally cover building repairs. The lien guarantees that the workmen get paid prior to anyone else in case of a liquidation. Understanding a Mechanic’s…
We like to think our home is where the heart is. However, that is not necessarily so, particularly when a lien has been placed on it, and you are the last to find out about it. In all fairness, a lien is placed to collect an overdue debt, but that doesn’t mean your own home…