North Dakota Waiver of Lien by Automobile or Car Mechanic

State:
Multi-State
Control #:
US-01793BG
Format:
Word; 
Rich Text
Instant download

Description

When a tradesman provides materials and services, the law provides him with a lien upon the item that was improved by his skill, materials, and labor. These liens come in two different varieties, the mechanic's lien and the repairman's lien.

A repairman's lien applies only to personal property and is created by long-standing common (judge-made) law. It most commonly arises with motor vehicles, but it applies to all items of personal property. The lien is created automatically when anyone makes repairs to personal property. It exists only as long as the item repaired is in the repairman's possession and the debt is unpaid. The repairman may hold the property until such time as the lien is repaid. This lien even takes priority over the lien held by a bank that financed the item, so that the bank cannot repossess the item from the repairman without first paying the repair bill. This makes sense because it is only fair that the bank pay for the repairs that improved the value of the property is it repossessing.

North Dakota Waiver of Lien by Automobile or Car Mechanic is a legal document used in North Dakota that allows a car mechanic to waive their lien rights on a vehicle after completing repairs or services. Keywords: North Dakota, Waiver of Lien, Automobile, Car Mechanic, legal document, car repairs, lien rights. This waiver serves as a proof that the car mechanic has been paid in full for their services, ensuring that the vehicle owner has clear ownership of the vehicle without any potential liens. By signing this waiver, the car mechanic relinquishes their right to place a lien on the vehicle in case of non-payment or disputes. Different types of North Dakota Waiver of Lien by Automobile or Car Mechanic may include: 1. Full Waiver of Lien: This type of waiver completely releases the car mechanic's lien rights on the vehicle, indicating that the owner has paid all the outstanding amounts for repairs or services rendered. It provides a clear title to the vehicle owner, allowing them to transfer or sell the vehicle without any encumbrances. 2. Partial Waiver of Lien: In certain cases, the car mechanic might offer a partial waiver of lien. This type of waiver indicates that a portion of the outstanding amount has been paid by the vehicle owner, releasing the lien rights for that specific amount. However, it still retains the mechanic's lien rights for any remaining unpaid balance. 3. Conditional Waiver of Lien: This type of waiver is used when the car mechanic agrees to waive their lien rights on the vehicle upon certain specified conditions being met. These conditions could include full payment, completion of additional repairs, or other agreed-upon terms. Depending on the agreed conditions, the mechanic's lien rights will be waived once all conditions are fulfilled. The North Dakota Waiver of Lien by Automobile or Car Mechanic is an invaluable document that protects both the car mechanic and the vehicle owner. It ensures that all parties involved are clear on the payment terms, and helps avoid any potential conflicts or disputes related to vehicle ownership or unresolved debts. Note: It is always advisable to consult with an attorney or legal expert when dealing with legal documents to ensure compliance with state laws and for precise guidance tailored to individual circumstances.

North Dakota Waiver of Lien by Automobile or Car Mechanic is a legal document used in North Dakota that allows a car mechanic to waive their lien rights on a vehicle after completing repairs or services. Keywords: North Dakota, Waiver of Lien, Automobile, Car Mechanic, legal document, car repairs, lien rights. This waiver serves as a proof that the car mechanic has been paid in full for their services, ensuring that the vehicle owner has clear ownership of the vehicle without any potential liens. By signing this waiver, the car mechanic relinquishes their right to place a lien on the vehicle in case of non-payment or disputes. Different types of North Dakota Waiver of Lien by Automobile or Car Mechanic may include: 1. Full Waiver of Lien: This type of waiver completely releases the car mechanic's lien rights on the vehicle, indicating that the owner has paid all the outstanding amounts for repairs or services rendered. It provides a clear title to the vehicle owner, allowing them to transfer or sell the vehicle without any encumbrances. 2. Partial Waiver of Lien: In certain cases, the car mechanic might offer a partial waiver of lien. This type of waiver indicates that a portion of the outstanding amount has been paid by the vehicle owner, releasing the lien rights for that specific amount. However, it still retains the mechanic's lien rights for any remaining unpaid balance. 3. Conditional Waiver of Lien: This type of waiver is used when the car mechanic agrees to waive their lien rights on the vehicle upon certain specified conditions being met. These conditions could include full payment, completion of additional repairs, or other agreed-upon terms. Depending on the agreed conditions, the mechanic's lien rights will be waived once all conditions are fulfilled. The North Dakota Waiver of Lien by Automobile or Car Mechanic is an invaluable document that protects both the car mechanic and the vehicle owner. It ensures that all parties involved are clear on the payment terms, and helps avoid any potential conflicts or disputes related to vehicle ownership or unresolved debts. Note: It is always advisable to consult with an attorney or legal expert when dealing with legal documents to ensure compliance with state laws and for precise guidance tailored to individual circumstances.

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North Dakota Waiver of Lien by Automobile or Car Mechanic