Mechanics Lien Release Form Oklahoma

State:
Oklahoma
Control #:
OK-P091-PKG
Format:
Word; 
Rich Text; 
PDF
Instant download

Description

This package is designed to assist a sole proprietor who provides labor,
materials or services to improve real property in recovering money owed
through a lien on the improved property. This package includes (1)
Information about the Construction or Mechanics Lien Procedure, (2) Forms
List, (3) Description of Forms, (4) Tips on completing the forms using form
fields, (5) Forms, and (6) Access to a Law Summary for your state. This
package does NOT include forms for the owner of the improved property.


Construction Lien package containing the forms needed by sole proprietors
who are suppliers of materials and services to impose a lien on the improved
property. This package does NOT include forms for the owner of the improved
property.

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  • Preview Oklahoma Construction or Mechanics Lien Package - Individual
  • Preview Oklahoma Construction or Mechanics Lien Package - Individual
  • Preview Oklahoma Construction or Mechanics Lien Package - Individual
  • Preview Oklahoma Construction or Mechanics Lien Package - Individual

How to fill out Oklahoma Construction Or Mechanics Lien Package - Individual?

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FAQ

Oklahoma lien waivers do not need to be notarized.

A property owner can neutralize the Mechanics and Materialmen's Lien by depositing with the county clerk either an amount of money equal to 125% of the lien amount, or a surety bond (called a lien release bond) in an amount equal to 125% of the lien amount.

In Oklahoma, liens filed on private property or on funds relating to a public project are known as Mechanic's Liens. When an Oklahoma mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property.

A lien is extinguished by the mere lapse of the time within which, under the provisions of civil procedure, an action can be brought upon the principal obligation. The partial performance of an act secured by a lien does not extinguish the lien upon any part of the property subject thereto, even if it is divisible.

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Mechanics Lien Release Form Oklahoma