Extract Data From Legal Alaska Construction Liens Forms For Free

The Utah lien waiver statute specifically states that a waiver of lien rights is only enforceable if the claimant receives payment of the amount identified in the waiver. Utah also adds an extra layer of protection against non-payment.

The duration of a judgment lien in the state of Utah resulting from the docketing of a judgment, abstract of judgment, transcript of judgment or warrant for delinquent taxes, runs as follows: 8 years for all judgments (U.C.A. 78B-5-202) and ten years for tax warrants (U.C.A. 59-1-1414(6)).

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.

Generally, a lien claimant must record a notice of construction lien either 180 days after the original contract reaches final completion or 90 days after a notice of completion is filed with the Utah State Construction Registry, whichever is earlier.

In the state of Utah, any original contractor is required to file a Preliminary Notice within 20 days after they've started working on the job site. The inability to file this notice on time will waive any chance of maintaining their lien rights.

If contractors and suppliers don't get paid on a construction project in Alaska, they can file a mechanics lien to secure payment. A mechanics lien is a legal tool that provides the unpaid party with a security interest in the property.