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This document is a legal claim of lien for corporations in New Mexico, stating that the undersigned has provided labor and/or materials for property improvement. It includes details such as contract

How to fill out claim of lien

How to fill out Claim of Lien

1. Obtain the Claim of Lien form from your local government office or website.
2. Fill in your name and address as the claimant at the top of the form.
3. Enter the name and address of the property owner.
4. Provide a detailed description of the services or materials you provided.
5. Include the amount owed for the services rendered.
6. List the legal description of the property where the lien will be placed.
7. Sign and date the form in the designated area.
8. Notarize the document if necessary, depending on local laws.
9. File the Claim of Lien with the appropriate county clerk's office and pay any associated filing fees.
10. Serve a copy of the filed form to the property owner.

Who needs Claim of Lien?

1. Contractors who have not been paid for work completed on a property.
2. Subcontractors providing services or materials and seeking payment.
3. Suppliers of materials who have not been compensated.
4. Individuals or companies involved in a construction project who are owed money.

Every original contractor, within one hundred and twenty days after the completion of his contract, and every person, except the original contractor, desiring to claim a lien pursuant to Sections 48-2-1 through 48-2-19 NASA 1978, must, within ninety days after the completion of any building, improvement or structure, or after the completion of the alteration or repair thereof, or the performance of any labor in a mining claim, file for record with the county clerk of the county in which such property or some part thereof is situated, a claim containing a statement of his demands, after deducting all just credits and offsets. The claim shall state the name of the owner or reputed owner, if known, and also the name of the person by whom he was employed, or to whom he furnished the materials, and shall include a statement of the terms, time given and the conditions of the contract, and also a description of the property to be charged with the lien, sufficient for identification. The claim must be verified by the oath of himself or of some other person.

People Also Ask about

What is the original meaning of the word lien?

The etymological root is Anglo-French lien or loyen, meaning "bond", "restraint", from the Latin ligamen, from ligare "to bind". In the United States, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge.

What is the literal meaning of lien?

The etymological root is Anglo-French lien or loyen, meaning "bond", "restraint", from the Latin ligamen, from ligare "to bind". In the United States, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge.

What does "claim of lien" mean?

A Claim of Lien is a formal document that is publicly recorded to establish a legal encumbrance on a property. By filing this document, contractors can cloud the property's title and potentially use it as a basis for foreclosure or property ownership transfer.

What is the simple definition of a lien?

A lien is a legal claim on a piece of property that must be paid off before the property can be sold. If a court decides that a person must repay a debt, a lien may be placed against that person's property.

What is the meaning of lien amount in English?

Answer and Explanation: Lien amount in a bank account means the amount of money that has been put on hold or frozen by the bank. One of the reasons for the freezing of funds may be a suspicion of unlawful activities. Such funds can not be withdrawn until it's unfrozen.

What is lien in American English?

A lien is a legal claim on a piece of property that must be paid off before the property can be sold. If a court decides that a person must repay a debt, a lien may be placed against that person's property. The seller may obtain clear title by paying the contractor and removing the lien.

What does the Latin word lien mean?

The word lien derives from the Latin ligāre, which means "to bind," and you can see that "binding," or tying up a person's property, really does put the owner in a "bind." Definitions of lien. noun. the right to take another's property if an obligation is not discharged.

What is a lien in Black's Law Dictionary?

Black's Law Dictionary) Lien – A legal right or interest that a creditor has in another's property, lasting usually until a debt. or duty that is secures is satisfied. ( Black's Law Dictionary)

For pdfFiller’s FAQs

What is Claim of Lien?

A Claim of Lien is a legal document that a contractor, subcontractor, or supplier files to secure payment for labor or materials provided for a property.

Who is required to file Claim of Lien?

Contractors, subcontractors, and suppliers who have not been paid for their work or materials on a property are required to file a Claim of Lien.

How to fill out Claim of Lien?

To fill out a Claim of Lien, you need to provide accurate details such as the property owner's name, description of the property, amount owed, and a description of the work performed or materials supplied.

What is the purpose of Claim of Lien?

The purpose of a Claim of Lien is to provide a legal claim against the property to ensure that the contractor or supplier can be paid for the work or materials provided.

What information must be reported on Claim of Lien?

A Claim of Lien must include information such as the claimant's name and address, property owner's name, a description of the property, details of the work or materials provided, and the amount due.