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North Carolina Certificate of Satisfaction of Mechanic's or Construction Lien

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Multi-State
Control #:
US-01032BG
Format:
Word; 
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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.

A Certificate of Satisfaction of Mechanic's or Construction Lien in North Carolina is a legal document that serves to release or remove a lien claimed against a property by a mechanic or construction company. It acts as proof that the lien has been satisfied or settled, providing peace of mind for property owners and ensuring the property's marketability. Keywords: North Carolina, Certificate of Satisfaction, Mechanic's Lien, Construction Lien, release, property owners, settle, marketability. There are two main types of Certificates of Satisfaction of Mechanic's or Construction Lien in North Carolina: 1. Certificate of Satisfaction of Mechanic's Lien: This type of certificate is used when a mechanic or construction company has placed a lien on a property due to non-payment or disagreement over payment. Once the lien has been resolved through partial or full payment or through other agreements, the company must file the Certificate of Satisfaction of Mechanic's Lien to release the claim on the property. Keywords: Certificate of Satisfaction, Mechanic's Lien, non-payment, disagreement, partial payment, full payment, release, property claim. 2. Certificate of Satisfaction of Construction Lien: This certificate is specifically used when a construction company places a lien on a property for unpaid services or materials provided during a construction project. Once the construction company has been compensated or settled with the property owner, they must file the Certificate of Satisfaction of Construction Lien to discharge the lien and free the property from any further encumbrances. Keywords: Certificate of Satisfaction, Construction Lien, unpaid services, materials, settlement, compensation, discharge, property encumbrances. In both types of certificates, it is crucial to accurately document the satisfaction of the lien, provide necessary details of the original lien, including the property owner's information, and comply with North Carolina's specific legal requirements for filing and recording such certificates. By filing the appropriate Certificate of Satisfaction, property owners can safeguard their property's title, remove any clouds on the title, and ensure that the property can be sold, transferred, or refinanced without any hindrances caused by lingering liens. Keywords: Certificate of Satisfaction, property title, cloud on title, property sale, property transfer, property refinancing, lingering liens.

A Certificate of Satisfaction of Mechanic's or Construction Lien in North Carolina is a legal document that serves to release or remove a lien claimed against a property by a mechanic or construction company. It acts as proof that the lien has been satisfied or settled, providing peace of mind for property owners and ensuring the property's marketability. Keywords: North Carolina, Certificate of Satisfaction, Mechanic's Lien, Construction Lien, release, property owners, settle, marketability. There are two main types of Certificates of Satisfaction of Mechanic's or Construction Lien in North Carolina: 1. Certificate of Satisfaction of Mechanic's Lien: This type of certificate is used when a mechanic or construction company has placed a lien on a property due to non-payment or disagreement over payment. Once the lien has been resolved through partial or full payment or through other agreements, the company must file the Certificate of Satisfaction of Mechanic's Lien to release the claim on the property. Keywords: Certificate of Satisfaction, Mechanic's Lien, non-payment, disagreement, partial payment, full payment, release, property claim. 2. Certificate of Satisfaction of Construction Lien: This certificate is specifically used when a construction company places a lien on a property for unpaid services or materials provided during a construction project. Once the construction company has been compensated or settled with the property owner, they must file the Certificate of Satisfaction of Construction Lien to discharge the lien and free the property from any further encumbrances. Keywords: Certificate of Satisfaction, Construction Lien, unpaid services, materials, settlement, compensation, discharge, property encumbrances. In both types of certificates, it is crucial to accurately document the satisfaction of the lien, provide necessary details of the original lien, including the property owner's information, and comply with North Carolina's specific legal requirements for filing and recording such certificates. By filing the appropriate Certificate of Satisfaction, property owners can safeguard their property's title, remove any clouds on the title, and ensure that the property can be sold, transferred, or refinanced without any hindrances caused by lingering liens. Keywords: Certificate of Satisfaction, property title, cloud on title, property sale, property transfer, property refinancing, lingering liens.

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North Carolina Certificate of Satisfaction of Mechanic's or Construction Lien