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Chapter 87 Statutory Liens 2001 EDITION CONSTRUCTION LIENS 87.001 Short title 87.005 Definitions for ORS 87.001 to 87.060 and 87.075 to 87.093 87.010 Construction liens; who is entitled to line 87.015

How to fill out chapter 87statutory liens

How to fill out chapter 87statutory liens

1. To fill out Chapter 87 statutory liens, follow these steps:
2. Begin by gathering all the necessary information and documentation related to the lien.
3. Identify the parties involved in the lien, including the debtor and the secured party.
4. Determine the type of property or assets that are subject to the lien.
5. Clearly specify the amount of the lien and any applicable interest or fees.
6. Include the date when the lien was established and when it will be released or satisfied.
7. Provide any additional details or specific terms related to the lien.
8. Ensure the accuracy of all the information provided and double-check for any errors or omissions.
9. Sign and date the completed Chapter 87 statutory lien form.
10. Submit the filled-out form according to the relevant rules and regulations.
11. Keep a copy of the completed form for your records.

Who needs chapter 87statutory liens?

1. Chapter 87 statutory liens are generally needed by parties who wish to secure a debt or claim against a specific property or assets.
2. This could include creditors, lenders, or individuals or businesses who are owed money and want to ensure payment or collateral.
3. Additionally, individuals or businesses seeking to assert ownership or legal rights over property may also utilize Chapter 87 statutory liens.
4. It is important to consult with legal professionals or experts in your jurisdiction to determine if Chapter 87 statutory liens are appropriate for your specific situation.

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What is chapter 87 statutory liens?

Chapter 87 statutory liens refer to legal claims placed on a property to secure payment for services or materials provided on that property.

Who is required to file chapter 87 statutory liens?

Contractors and suppliers who have provided labor, services, or materials to improve a property are required to file chapter 87 statutory liens.

How to fill out chapter 87 statutory liens?

To fill out chapter 87 statutory liens, one must provide specific information about the property, the work performed, and the amount owed. This information must be submitted to the appropriate government office in the county where the property is located.

What is the purpose of chapter 87 statutory liens?

The purpose of chapter 87 statutory liens is to protect contractors and suppliers who have provided services or materials to improve a property but have not been paid.

What information must be reported on chapter 87 statutory liens?

Information such as the property owner's name, a description of the work done, the amount owed, and the dates of the work must be reported on chapter 87 statutory liens.