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Claim of Lien by Corporation or LLC North Carolina  Form

Claim of Lien by Corporation or LLC North Carolina Form

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What is the Claim Of Lien By Corporation Or LLC North Carolina

The Claim of Lien by Corporation or LLC in North Carolina is a legal document that allows a corporation or limited liability company to assert a lien against a property for unpaid debts related to services or materials provided. This form serves as a formal notice to property owners and potential buyers that a claim exists, which can affect the property's title. It is essential for businesses in the construction and service industries to understand this process to protect their financial interests.

Key elements of the Claim Of Lien By Corporation Or LLC North Carolina

Understanding the key elements of the Claim of Lien is crucial for its validity. The form typically includes:

  • Identification of the parties: Names and addresses of the lien claimant and property owner.
  • Description of the property: A clear description of the property subject to the lien.
  • Details of the debt: The amount owed and the nature of the services or materials provided.
  • Date of service: When the services were rendered or materials supplied.
  • Signature: A signature from an authorized representative of the corporation or LLC.

Steps to complete the Claim Of Lien By Corporation Or LLC North Carolina

Completing the Claim of Lien involves several important steps:

  1. Gather necessary information about the debt, including amounts and descriptions.
  2. Fill out the form accurately, ensuring all required details are included.
  3. Review the document for completeness and accuracy.
  4. Obtain the necessary signatures from authorized individuals.
  5. File the completed form with the appropriate county office to ensure it is officially recorded.

Legal use of the Claim Of Lien By Corporation Or LLC North Carolina

The legal use of the Claim of Lien is governed by North Carolina law, which outlines the rights and responsibilities of lien claimants. This form must be filed within a specific timeframe after the services are rendered or materials are supplied, typically within 120 days. Failure to adhere to these legal requirements may result in the loss of the right to enforce the lien. Understanding these regulations helps protect the interests of corporations and LLCs.

Filing Deadlines / Important Dates

Filing deadlines are crucial for maintaining the validity of a Claim of Lien. In North Carolina, the lien must be filed within 120 days from the last date of service or delivery of materials. It is advisable to keep track of these dates to ensure compliance and protect the claim. Missing the filing deadline may result in the inability to collect the owed amount through lien enforcement.

Form Submission Methods (Online / Mail / In-Person)

The Claim of Lien can be submitted through various methods, depending on the county's regulations. Typically, it can be filed in person at the county register of deeds office or submitted by mail. Some counties may offer online submission options, making it easier for corporations and LLCs to file their claims efficiently. It is important to check with the local office for specific submission guidelines.

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Instructions and help about Claim Of Lien By Corporation Or LLC North Carolina

hello this is will at downs law one of the frequently asked questions that we get here at the firm is uh how do i collect on a judgment so you went to court you get a money judgment against someone or some business how do you put that money into your pocket well there's three primary ways to do that number one is filing a lien so once you get a judgment you can record what's called a fifa a writ of fiery fascists with the superior court and that operates as a lien against the debtor's real property or personal property so their house if they own a house or or a lot or investment property it's a lien and that doesn't necessarily get you paid right then but if that person weren't trying to sell the property or refinance they would have to pay off that lien first the second uh way to collect basic way to collect is a garnishment so if you know where the business or debtor has a bank account or if it's against an individual if you kno

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