Iowa Release of Mechanic's and Materialman's Lien

State:
Multi-State
Control #:
US-OG-548
Format:
Word; 
Rich Text
Instant download

Description

This is a form of a Release of Mechanic's and Materialman's Lien.

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FAQ

About Iowa Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.

The lien lasts for two years and 90 days. Any action to enforce a mechanic's lien shall be brought within two years from the expiration of ninety days after the date on which the last of the material was furnished, or the last of the labor was performed.

To get a lien on property removed, a Release of Lien or a Satisfaction of Judgment must be filed with the Clerk of the District Court in the county where the support order is filed.

Pursuant to the section (b), "A mechanic's lien may be discharged at any time by submitting a bond to the administrator in twice the amount of the sum for which the claim for the lien is posted, with surety or sureties, to be approved by the administrator, conditioned for the payment of any sum for which the claimant ...

If the lien claimant doesn't remove the invalid lien, and the time has expired to record the mechanics lien and take action to foreclose, you may petition the court for a decree to release the property from the lien. This is a complicated process that may require the services of an attorney.

Pursuant to the section (b), "A mechanic's lien may be discharged at any time by submitting a bond to the administrator in twice the amount of the sum for which the claim for the lien is posted, with surety or sureties, to be approved by the administrator, conditioned for the payment of any sum for which the claimant ...

Iowa judgment liens are created automatically when a judgment is entered on a debtor's property in the county the judgment is entered. For property located outside of that area, the creditor will need to go to the county where the property is located and file the judgment with that county court.

Iowa lien waivers are not required to be notarized in order to be effective, and notarization merely slows down the payment process.

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Iowa Release of Mechanic's and Materialman's Lien