Complete Legal Arkansas Liens Forms For Free

By what method is a lien filed in this State? Arkansas law requires a party wishing to claim a lien to file with the clerk of the circuit court of the county in which the improvements are situated. This filing must be accomplished within one hundred and twenty (120) days of the date labor or materials was provided.

(a) The lien provided for in this subchapter shall take precedence over, and be superior to, any mortgage or other obligation attaching against the property in all cases in which the holder of the mortgage or other obligation shall permit the property to remain in the possession of and be used by the person owing and ...

A: In Arkansas, a lien is valid for fifteen (15) months after the date it is filed, unless a lien foreclosure suit is filed within that time. A.C.A. §18-44-119.

Release details: Provide a statement confirming that the borrower has fully repaid the debt and that the lienholder is relinquishing their legal claim on the property or asset. Include the date when the borrower paid off the debt.

A judgment lien on the debtor's property is typically created automatically in the Arkansas county where the judgment is recorded; otherwise, the creditor must record the judgment with the clerk of the circuit court in the Arkansas county where the debtor's property is located.

The Notice of Intent to Lien is essentially a 10-day notice to the property owner before you record a mechanics lien. Filing a mechanics lien in Arkansas must be done within 120 days of your last day of work, so you have to make sure that you serve the 10-day notice before this 120-day period elapses.