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North Carolina Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile

State:
Multi-State
Control #:
US-00754BG
Format:
Word; 
Rich Text
Instant download

Description

A lien is a charge on property for the payment or discharge of a particular debt having priority to the general debts of the owner of the property. Liens may be either general or specific. A specific lien is a charge on particular personal property for the sum due with respect to that particular piece of property.

The following form creates a lien on automobile parts and motors for charges incurred by the Machine Shop for its services and charges in repairing and/or rebuilding the items. Upon failure by Customer to pay all charges for repairing or rebuilding the items, Machine Shop may sell the items by public or private sale, and the net proceeds of such disposition, after deducting all expenses of Machine Shop, shall be credited against the total amount owed by Customer to Machine Shop.. Machine Shop may purchase any of the items at any public or private sale by simply bidding its debt and expenses. No money need change hands, but a record should be kept detailing the date of the sale, the amount paid and the items sold and purchased. North Carolina Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile is a legal document that allows a repair shop or mechanic to assert a lien against a vehicle for unpaid repairs or parts charges. It entitles the repair shop the right to sell the vehicle to recover the amount owed. Keywords: North Carolina, Authorization for Lien and Sale, Nonpayment of Repair and/or Parts Charges, Car, Automobile. Types of North Carolina Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile: 1. Standard Authorization for Lien and Sale: This type of authorization is a generic document that grants the repair shop the right to assert a lien against the vehicle and eventually sell it to recover unpaid repair and/or parts charges. 2. Limited Authorization for Lien and Sale: This type of authorization restricts the repair shop's power to specifically assert a lien and sell the vehicle for a particular nonpayment issue, such as overdue repair charges only or unpaid parts charges only. 3. Conditional Authorization for Lien and Sale: This type of authorization is granted under specific conditions agreed upon between the repair shop and the vehicle owner. It may include terms like a deadline for payment, additional fees, or conditions that must be met to prevent the lien and sale process. 4. Individualized Authorization for Lien and Sale: This type of authorization allows the repair shop to customize the terms and conditions to best suit the specific situation or requirements of the transaction. It may include additional clauses or provisions to protect the rights and interests of both parties involved. In North Carolina, the Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile serves as a legal safeguard for repair shops, ensuring they have a means to recover payment for services rendered or parts supplied in the event of nonpayment. It is crucial for both vehicle owners and repair shops to understand the implications of this document to avoid any legal complications.

North Carolina Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile is a legal document that allows a repair shop or mechanic to assert a lien against a vehicle for unpaid repairs or parts charges. It entitles the repair shop the right to sell the vehicle to recover the amount owed. Keywords: North Carolina, Authorization for Lien and Sale, Nonpayment of Repair and/or Parts Charges, Car, Automobile. Types of North Carolina Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile: 1. Standard Authorization for Lien and Sale: This type of authorization is a generic document that grants the repair shop the right to assert a lien against the vehicle and eventually sell it to recover unpaid repair and/or parts charges. 2. Limited Authorization for Lien and Sale: This type of authorization restricts the repair shop's power to specifically assert a lien and sell the vehicle for a particular nonpayment issue, such as overdue repair charges only or unpaid parts charges only. 3. Conditional Authorization for Lien and Sale: This type of authorization is granted under specific conditions agreed upon between the repair shop and the vehicle owner. It may include terms like a deadline for payment, additional fees, or conditions that must be met to prevent the lien and sale process. 4. Individualized Authorization for Lien and Sale: This type of authorization allows the repair shop to customize the terms and conditions to best suit the specific situation or requirements of the transaction. It may include additional clauses or provisions to protect the rights and interests of both parties involved. In North Carolina, the Authorization for Lien and Sale for Nonpayment of Repair and/or Parts Charges — Car or Automobile serves as a legal safeguard for repair shops, ensuring they have a means to recover payment for services rendered or parts supplied in the event of nonpayment. It is crucial for both vehicle owners and repair shops to understand the implications of this document to avoid any legal complications.

How to fill out North Carolina Authorization For Lien And Sale For Nonpayment Of Repair And / Or Parts Charges - Car Or Automobile?

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North Carolina Authorization for Lien and Sale for Nonpayment of Repair and / or Parts Charges - Car or Automobile