Get the free Chapter 87Statutory Liens - Oregon State Legislature
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Record and Return To:WAIVER OF MECHANICS LIENS TO LIENS KNOWN ALL MEN BY THESE PRESENTS, that we, the undersigned, have commenced or are about to commence to render services, to perform work, or to
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How to fill out chapter 87statutory liens
How to fill out chapter 87statutory liens
01
Identify the property subject to the lien.
02
Determine the amount owed under the statute giving rise to the lien.
03
Complete the necessary forms required by state law.
04
File the forms with the appropriate government agency or court.
05
Serve a copy of the filed forms on all interested parties.
06
Follow any additional steps required by state law to perfect the lien.
Who needs chapter 87statutory liens?
01
Contractors and suppliers who have provided labor or materials for a construction project.
02
Property owners who have failed to pay for goods or services provided to them.
03
Creditors who are seeking to secure their debt with a legal claim on property.
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What is chapter 87 statutory liens?
Chapter 87 statutory liens refer to a specific legal framework that establishes the rights of certain creditors to claim a lien on property to secure the payment of debts or obligations as defined in the statute.
Who is required to file chapter 87 statutory liens?
Creditors who are entitled to a lien as per Chapter 87 must file the statutory liens to protect their interests and secure their claims against the specific property.
How to fill out chapter 87 statutory liens?
To fill out chapter 87 statutory liens, an individual or entity must complete the required form, providing detailed information about the debtor, the amount owed, and the property involved, followed by submission to the appropriate governmental authority.
What is the purpose of chapter 87 statutory liens?
The purpose of chapter 87 statutory liens is to provide a legal mechanism for creditors to secure their interests in a debtor's property, ensuring that they can recover owed debts through a claim against the property.
What information must be reported on chapter 87 statutory liens?
The information that must be reported includes the names and addresses of the debtor and creditor, a description of the property, the amount owed, and any relevant dates associated with the lien.
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