A common-law lien is the right of one person to retain in his possession property that belongs to another until a debt or claim secured by that property is satisfied. It pertains exclusively to personal property. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Tennessee Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a legal document used to notify interested parties of a lien on personal property and the subsequent sale of that property to satisfy the debt. This notice is typically used in situations where a creditor has a non-statutory lien, meaning it is not created by a specific law or statute, but rather by a contractual agreement between the parties involved. Keywords: Tennessee, Notice of Lien, Sale of Personal Property, Non-Statutory Lien Types of Tennessee Notices of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien: 1. Construction Lien Notice: This type of notice is used in the construction industry when a contractor or subcontractor has performed work or supplied materials to a property, and has not been paid. By filing a construction lien notice, the party can assert their right to a lien on the property and notify the owner of their intention to sell the personal property to recover the debt. 2. Mechanic's Lien Notice: Similar to a construction lien notice, a mechanic's lien notice is used by mechanics or auto repair shops to assert a lien on a vehicle when repairs have been performed, but payment has not been made. This notice informs the vehicle owner of the impending sale of the vehicle to satisfy the outstanding debt. 3. Storage Lien Notice: Storage facilities often use this type of notice to inform delinquent tenants of their lien rights and the intent to sell the personal property stored on the premises. This can occur when a tenant fails to pay rent for a certain period of time, and the facility exercises its right to auction off the belongings within the storage unit to recoup the unpaid fees. 4. Artisan's Lien Notice: Artisans, such as jewelers or artists, may file an artisan's lien notice to claim a lien on specific artwork, jewelry, or other personal property until they receive payment for their services or materials provided. The notice serves as a warning to potential buyers that the property has an outstanding debt associated with it. In summary, a Tennessee Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a versatile legal tool used in various industries to assert liens on personal property and notify interested parties of the intention to sell that property to satisfy unpaid debts. Different types of these notices exist, including construction lien, mechanic's lien, storage lien, and artisan's lien notices, each tailored to specific industries and circumstances.A Tennessee Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a legal document used to notify interested parties of a lien on personal property and the subsequent sale of that property to satisfy the debt. This notice is typically used in situations where a creditor has a non-statutory lien, meaning it is not created by a specific law or statute, but rather by a contractual agreement between the parties involved. Keywords: Tennessee, Notice of Lien, Sale of Personal Property, Non-Statutory Lien Types of Tennessee Notices of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien: 1. Construction Lien Notice: This type of notice is used in the construction industry when a contractor or subcontractor has performed work or supplied materials to a property, and has not been paid. By filing a construction lien notice, the party can assert their right to a lien on the property and notify the owner of their intention to sell the personal property to recover the debt. 2. Mechanic's Lien Notice: Similar to a construction lien notice, a mechanic's lien notice is used by mechanics or auto repair shops to assert a lien on a vehicle when repairs have been performed, but payment has not been made. This notice informs the vehicle owner of the impending sale of the vehicle to satisfy the outstanding debt. 3. Storage Lien Notice: Storage facilities often use this type of notice to inform delinquent tenants of their lien rights and the intent to sell the personal property stored on the premises. This can occur when a tenant fails to pay rent for a certain period of time, and the facility exercises its right to auction off the belongings within the storage unit to recoup the unpaid fees. 4. Artisan's Lien Notice: Artisans, such as jewelers or artists, may file an artisan's lien notice to claim a lien on specific artwork, jewelry, or other personal property until they receive payment for their services or materials provided. The notice serves as a warning to potential buyers that the property has an outstanding debt associated with it. In summary, a Tennessee Notice of Lien and of Sale of Personal Property Pursuant to Non-Statutory Lien is a versatile legal tool used in various industries to assert liens on personal property and notify interested parties of the intention to sell that property to satisfy unpaid debts. Different types of these notices exist, including construction lien, mechanic's lien, storage lien, and artisan's lien notices, each tailored to specific industries and circumstances.
