Idaho Materials Release

State:
Multi-State
Control #:
US-L0709AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Materials Release document, is adaptable for use with entertainment, new products, intellectual property/multimedia business and other related areas. Tailor to fit your circumstances. Available in Word format.
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FAQ

45-507. Claim of lien. (1) Any person claiming a lien pursuant to the provisions of this chapter must file a claim for record with the county recorder for the county in which such property or some part thereof is situated.

In Idaho, the claimant must file the lien within 90 days after providing the labor, supplies or materials. The lien must be enforced within 6 months of filing. The deadlines for mechanic liens cannot be extended and must be met to make the claim valid.

Release of lien on real property by posting surety bond--Manner. A mechanic's lien of record upon real property may be released upon the posting of a surety bond in the manner provided in sections 45-519 through 45-524, Idaho Code."

If you have no direct contract with an owner of property, and you wish to have a right to file a lien, you must send a Notice of Right to a Lien to the property owner. There are some exceptions.

Anyone who improves your property can claim a lien. Idaho law grants any person who performs labor or provides materials to claim a lien. Engineers, surveyors, subcontractors, or architects who have had a hand in improving the property also have a right to lien.

It provides a right to claim a lien, to the extent a claimant is unpaid, against title to the land and buildings in question. It provides a claim against the owner's interest even if you have not contracted with that owner.

A Notice of Intent is important because it gives the opportunity to resolve a lien claim before it is filed. Notices of Intent should be filed when a balance is due, and when you are preparing to file a lien, giving the owner a chance to resolve the issue.

General and subcontractors on a construction project in Idaho are generally required to be licensed in order to claim a valid mechanics lien, subject to certain exceptions.

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Idaho Materials Release