North Dakota Release of Operator's Lien

State:
Multi-State
Control #:
US-OG-399
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Operator deems all obligations due Operator by Nonoperator, and secured by a Lien, is paid in full and completely satisfied.

The North Dakota Release of Operator's Lien is a legal document used to release any claims or liens that an operator may have on a property. It serves as proof that the operator no longer has any rights, interest, or financial claims against the property in question. This document is crucial in finalizing any transactions related to the property and ensuring a clear title for the new owner. The Release of Operator's Lien is commonly used in various industries, including oil and gas, construction, and mining. By filing this document, the operator formally surrenders the rights to any liens they had on the property due to unpaid debts or services rendered. It releases them from any obligations they may have had and grants the owner the freedom to sell, transfer, or mortgage the property without any hindrances. In the state of North Dakota, there are a few different types of Release of Operator's Lien, namely: 1. Petroleum Operator's Lien Release: This type of release specifically pertains to liens related to petroleum operations. It is used to release any claims or liens the operator may have had due to drilling, extraction, or related activities in the petroleum industry. 2. Construction Operator's Lien Release: This release is relevant to the construction industry. It pertains to liens placed on a property by a construction operator due to unpaid bills or services rendered during the construction, remodeling, or renovation process. 3. Mining Operator's Lien Release: This type of release is specific to the mining industry. It involves releasing any liens placed on a property by a mining operator for unpaid debts, royalties, or services rendered during mining operations. When preparing a North Dakota Release of Operator's Lien, it is crucial to include all relevant details, such as the names and addresses of both the operator and the property owner, a detailed description of the property, the date the lien was filed, and a statement acknowledging that all financial obligations have been settled. Additionally, the document should be notarized to ensure its legality and validity. Obtaining a North Dakota Release of Operator's Lien is a vital step in ensuring a property's marketability and protecting the rights of both the operator and the property owner. It provides a clear record of the release of any claims or liens and allows for a smooth transfer of ownership or other transactions related to the property.

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FAQ

How to Complete a North Dakota Motor Vehicle Title - YouTube YouTube Start of suggested clip End of suggested clip There. If more than one person will be going on the title. They would be listed as the co-applicant.MoreThere. If more than one person will be going on the title. They would be listed as the co-applicant. You would need to pick a conjunction between your name. The difference between the conjunctions.

It is the responsibility of the lienholder to execute a release within 20 days after final payment is received. The lienholder shall mail or deliver the release to the owner. The certificate of title and lien release shall be forwarded by the owner to any county treasurer. No fee is assessed for the release of a lien.

This system is for purchasing temporary motor vehicle registration. Nonresidents gainfully employed in this state and driving vehicles that are not registered with the state of North Dakota are subject to temporary registration for a minimum of 6 months.

In North Dakota, the car registration fees will depend on the duration of registration you choose. You can get a temporary six-month or a yearlong registration in North Dakota. For a six-month registration period, the fee will amount to $60. However, if you opt for a year-long registration, you will need to pay $120.

Registration Process Obtain a title for your vehicle. ... Obtain North Dakota insurance. ... Complete the Vehicle Renewal/Registration Application. ... Submit your application and fees. ... Receive your registration and license plates.

Lien claims are filed at the recorder's office in the North Dakota county in which the property is located. View a full list of North Dakota recorder's offices to find contact information, fees, and filing requirements. The deadline to file a lien in North Dakota is 90 days after last furnishing.

This may also be referred to as a renewal invoice. You must have this document in order to renew your registration, so if you don't receive one or have lost it, please contact the DOT as soon as possible for a replacement?there is no grace period provided by the state for late registration.

To register your out-of-state vehicle in North Dakota, you'll need to head to a North Dakota Department of Transportation office since services are not available online. Bring along the following documentation when you go: Signed out-of-state vehicle title. Proof of your legal name.

More info

The undersigned, LIEN HOLDER of the motor vehicle described herein, does hereby state that the lien and encumbrance described was released and discharged, ... In North Dakota, a lien claimant must file a mechanics lien within 90 days after the last date on which the lien claimant furnished labor or material to the ...License as a passenger vehicle using passenger fee schedule or as a truck using the truck fee schedule. B. Certificate of title fee is $5. C. Abandoned motor ... Notices of Intent to Lien are specifically required to be provided by all parties in North Dakota in order to retain the ability to file a valid mechanics lien. A security interest or lien claimed pursuant to this chapter is not effective against an interest owner, operator, first purchaser, or purchaser until a copy of ... A person entitled to the lien who fails to file a verified statement within the time limited in this section is deemed to have waived the right to a lien. 3 ... Summary of North Dakota Lien Waiver requirements and laws for North Dakota construction projects including free forms, FAQs, resources and more. To secure payment from the sale of oil or gas, an interest owner, subject to section 35-37-04, has a continuing security interest in and a lien on the oil ... A person entitled tothe lien who fails to file a statement within the time limited in this section is deemed tohave waived the right to a lien.3.A ... ... the Operator shall file of record a release and termination on behalf of all parties concerned. Upon the filing of such release and termination, all ...

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North Dakota Release of Operator's Lien