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North Carolina Assignment of Claim of Lien on Real Property - Corporation

State:
North Carolina
Control #:
NC-14A-09
Format:
Word; 
Rich Text
Instant download

Description North Carolina Lien Property

This Assignment of Claim of Lien on Real Property form is for use by a corporate party who has provided labor or materials for the improvement of property to assign its lien and to provide the date the lien claimant filed a Notice of Claim of Lien regarding the property and the amount of the lien.

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North Carolina Lien Nc Other Form Names

Claim Lien Property   North Carolina Property   North Carolina Lien Real Property   Nc Claim Property   Assignment Claim Lien   Lien Real Property Form   North Carolina Lien File  

Nc Claim Lien FAQ

Fill out a mechanics lien form that meets NC requirements. North Carolina law sets specific guidelines claimants must meet in order to file a lien. File the lien with the county recorder's office. Serve a copy of the lien on the property owner.

In North Carolina, a mechanics lien must be filed after the debt becomes due, but within 120 days from the date of last furnishing labor or materials to the project.

A: The filing fee for an Appointment of Lien Agent is $30 for a 1-2 Family Dwelling and $58 for any Other property type.

How Liens Work. A lien provides a creditor with the legal right to seize and sell the collateral property or asset of a borrower who fails to meet the obligations of a loan or contract. The property that is the subject of a lien cannot be sold by the owner without the consent of the lien holder.

A judgment lien in North Carolina will remain attached to the debtor's property (even if the property changes hands) for ten years.

In North Carolina, a lien agent is a title insurance company or agency that must be notified prior to filing a mechanic's lien. General Statute 44A-11.1 requires a lien agent to be appointed by an owner on projects that are valued at $30,000 or more.

When your efforts to collect a bill from a business that owes you money have been unsuccessful, you can place a lien on the assets of the business. As a lienholder, you gain legal rights to the company's property and the authority to sell the property and use the proceeds to repay what is owed to you.

With the judgment in hand, a judgment creditor can place a judgment lien on your real estate and occasionally on personal property depending on the state in which you live.

A lien refers to a notice that is attached to assets used as collateral for any potential debts owed. This occurs when a business owner borrows money from a lender. The lender will hold onto the property lien until the debt has been paid in full.

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North Carolina Assignment of Claim of Lien on Real Property - Corporation