Colorado Certificate of Satisfaction of Mechanic's or Construction Lien

State:
Multi-State
Control #:
US-01032BG
Format:
Word; 
Rich Text
Instant download

Description

A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. Mechanics' liens are purely statutory in origin, and a mechanic's lien may not exist unless it is expressly created by the terms of a statute. This form is a sample of a certificate of a lienholder that the debt secured by the release has been paid and stating that the lien should be marked discharged in the appropriate land records.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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How to fill out Certificate Of Satisfaction Of Mechanic's Or Construction Lien?

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FAQ

You may contact the county clerk and recorder's office for more information on how to view their real estate records to determine whether a lien has been filed against your real property.

When a person or entity files a spurious lien, Colorado law provides for an expedited process whereby a property owner can dispose of this lien. Under this law, a property owner can file a petition in Court, and the Court will issue an order to the person or entity that filed the lien to explain why the lien is valid.

Steps to file a Colorado mechanics lien Fill out the right Colorado mechanics lien form. Using a mechanics lien form that meets the statutory requirements, fill it out completely and accurately. Send a Notice of Intent to Lien to the property owner. ... File your lien claim with the Colorado county recorder.

Correctly File Your Lien: The lien must be filed in the county clerk's office of the Colorado county where all or a majority of the property is located. Make sure to consult with the county clerk's office you are filing in to see if they also have any county specific requirements for filing.

A mechanic's lien form is a standard form that must contain: (1) the name of the property owner; (2) the lien claimant (i.e. the person claiming the lien); (3) a description of the property against which the lien is being filed; and (4) a statement of the amount due or owed.

Colorado: Colorado's lien statute is relatively straightforward, and the written contract requirement is based on the contract price. The relevant part of the statute states that if the amount to be paid exceeds $500, the contract must be in writing in order to claim a mechanics lien.

If you're looking to file a Colorado mechanics lien, there are two general requirements: Contractors must file a Notice of Intent to Lien 10 days before filing the lien. An affidavit proving the Notice of Intent to lien was sent to the property owner must also be included when filing a lien with the County Recorder.

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Colorado Certificate of Satisfaction of Mechanic's or Construction Lien