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Top Questions and Answers
The mortgage, or deed of trust as it's called in some states, is the legal instrument that creates a lien on your property. This gives the lender the right to foreclose on your property should you not satisfy the terms of the loan agreement. It creates a security interest in the property on behalf of the lender.
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16-Oct-2017 — Mechanics lien laws can be strict. Very strict. Small errors, typos, and barely-missed deadlines regularly invalidate claims. 376.010 Mechanics' and materialman's liens -- Filing of statement of amount claimed. -- Notice to owner or agent -- Definitions of "labor" and "supplies.". by D Whitman · 2022 — Despite the somewhat ambiguous wording of the statute, it is clear in the cases that the “without notice” phrase applies to takers of mortgages ... Section 7: Check the box that applies - The date when the work was completed or the last materials were supplied OR that the work has not been completed and all ... This new Sixth Edition starts a second century for Black's Law. Dictionary-the standard authority for legal definitions since 1891. Nearly every area of the law ... A construction lien is a claim for payment made against a property by a contractor or subcontractor who supplied labor or materials for work done on it. ABSTRACT OF JUDGMENT- Summary of the court's final decision. Can be used as a lien if you file it with the county recorder. ABSTRACT OF RECORD - Short form of ... Start your LLC (Limited Liability Company) in 8 easy steps with our guide, including choosing a state & registered agent, foreign qualification, & more. A lien waiver is a written agreement between a payer and a counterparty where said counterparty gives up their right to place a lien on a property. The Information Notice to Owner about Construction. Liens explains Oregon lien law and gives steps that property owners can take to protect themselves. It.
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