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New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien

State:
Multi-State
Control #:
US-01032BG
Format:
Word; 
Rich Text
Instant download

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.

The New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien is an important legal document that serves as proof of release or satisfaction of any existing mechanics or construction lien on a property in New Hampshire. Also referred to as a Construction Lien Release Form, this certificate is crucial for property owners, contractors, and other parties involved in construction projects for resolving any outstanding lien claims. When a mechanic or construction lien is filed against a property, it signifies that a contractor, subcontractor, or supplier has not been paid for the work done or materials provided in connection with a construction project. To remove this lien, the party responsible for the payment needs to issue a Certificate of Satisfaction, stating that the lien claim has been resolved. Keywords: New Hampshire, Certificate of Satisfaction, Mechanic's Lien, Construction Lien, Construction Lien Release Form, property owners, contractors, outstanding lien claims, subcontractor, supplier, payment, lien claim. Different types of New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien include: 1. Conditional Final Waiver and Release of Lien Rights: This type of certificate is used when the party requesting the release of the lien wants to waive their lien rights only upon receiving a specific form and amount of payment. 2. Unconditional Final Waiver and Release of Lien Rights: This type of certificate releases the lien claim without any conditions upon receiving the final payment. It signifies that the party releasing the lien has been fully paid and has no further rights to make any claims. 3. Partial Waiver and Release of Lien Rights: Used when the party releasing the lien has received a partial payment for the work or materials provided. This certificate states that the lien claim is partially satisfied, and the party reserving their rights to claim the remaining payment. 4. Final Waiver and Release of Lien Rights: This type of certificate is issued when the party responsible for making the payment has settled the debt in full, and the lien claim is entirely satisfied. It releases all rights to the lien claim and signifies that the debt has been paid in its entirety. By utilizing these various types of New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien, parties involved in construction projects can ensure the resolution of any outstanding lien claims and maintain a clear title for the property. It is necessary to consult with legal professionals or obtain appropriate template forms for accurate and legally-binding documentation.

The New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien is an important legal document that serves as proof of release or satisfaction of any existing mechanics or construction lien on a property in New Hampshire. Also referred to as a Construction Lien Release Form, this certificate is crucial for property owners, contractors, and other parties involved in construction projects for resolving any outstanding lien claims. When a mechanic or construction lien is filed against a property, it signifies that a contractor, subcontractor, or supplier has not been paid for the work done or materials provided in connection with a construction project. To remove this lien, the party responsible for the payment needs to issue a Certificate of Satisfaction, stating that the lien claim has been resolved. Keywords: New Hampshire, Certificate of Satisfaction, Mechanic's Lien, Construction Lien, Construction Lien Release Form, property owners, contractors, outstanding lien claims, subcontractor, supplier, payment, lien claim. Different types of New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien include: 1. Conditional Final Waiver and Release of Lien Rights: This type of certificate is used when the party requesting the release of the lien wants to waive their lien rights only upon receiving a specific form and amount of payment. 2. Unconditional Final Waiver and Release of Lien Rights: This type of certificate releases the lien claim without any conditions upon receiving the final payment. It signifies that the party releasing the lien has been fully paid and has no further rights to make any claims. 3. Partial Waiver and Release of Lien Rights: Used when the party releasing the lien has received a partial payment for the work or materials provided. This certificate states that the lien claim is partially satisfied, and the party reserving their rights to claim the remaining payment. 4. Final Waiver and Release of Lien Rights: This type of certificate is issued when the party responsible for making the payment has settled the debt in full, and the lien claim is entirely satisfied. It releases all rights to the lien claim and signifies that the debt has been paid in its entirety. By utilizing these various types of New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien, parties involved in construction projects can ensure the resolution of any outstanding lien claims and maintain a clear title for the property. It is necessary to consult with legal professionals or obtain appropriate template forms for accurate and legally-binding documentation.

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New Hampshire Certificate of Satisfaction of Mechanic's or Construction Lien