How do you see if a business name is taken in Virginia?

For more information, see Business Entity Names FAQs or contact the Clerk's Office at (804) 371-9733 or toll-free Virginia, 1-866-722-2551, or by email at SCCeFile scc.virginia.gov.

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Virginia Affidavit of Payment Prior to Sale - Corporation

Virginia Affidavit of Payment Prior to Sale - Corporation

Name: Virginia Affidavit of Payment Prior to Sale - Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (277 reviews)

Category:

Liens - Construction - Mechanics

State:

Virginia

Control #:

VA-04A-09

Format:

Instant download

Description Virginia Payment Sale

A person who is both the owner of a one- or two-family residential dwelling unit and either a developer of such property, a contractor in connection with the development or improvement of such property or a contractor or subcontractor furnishing labor or material in connection with the development or improvement of such property shall, at the time of settlement on the sale of such property, provide the purchaser with an affidavit stating either (i) that all persons performing labor or furnishing materials in connection with the improvements on such property and with whom such owner is in privity of contract have been paid in full or (ii) the name, address and amount payable or claimed to be payable to any person so performing labor or furnishing materials and with whom such owner is in privity of contract.

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How to fill out Virginia Sale Corporation?

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Virginia Prior Corporation FAQ

The Virginia Certificate of Good Standing (Officially referred to as the Virginia Certificate of Fact) is an official document issued and bearing the seal of the Virginia State Corporations Commission that certifies that your legal entity is registered and "existent" with the State of Virginia and will state whether or

The State Corporation Commission (SCC) has regulatory authority over utilities, insurance, state-chartered financial institutions, securities, retail franchising and railroads. It is the state's central filing office for corporations, limited partnerships, limited liability companies and Uniform Commercial Code liens.

For more information, see Business Entity Names FAQs or contact the Clerk's Office at (804) 371-9733 or toll-free Virginia, 1-866-722-2551, or by email at SCCeFile@scc.virginia.gov.

The filing fee to form an LLC in Virginia is $100. Filings can take 3 to 12 days to process. Expedited service is available for an additional fee. incorporate.com will handle all filing requirements and provide you with the total cost to get your business up and running in Virginia.

Choose a corporate name. File Articles of Incorporation. Appoint a registered agent. Prepare corporate bylaws. Appoint directors and hold first board meeting. Issue stock. Comply with Virginia Annual Report Requirements. Comply with other tax and regulatory requirements.

Step 1: Visit the Business Name Database. Go to the Virginia State Corporation Commission website. Step 2: Search for a Business Name. Enter the name you would like to use in the Enter entity name field. Step 3: Review the Results.

Who is required to get a certificate of good standing? Virginia businesses are not legally required to obtain a certificate of fact of existence. However, your business may choose to get one if you decide to do business outside of Virginia or get a business bank account.

Business entity, Uniform Commercial Code and SCC case documents and information on file in the Office of the Clerk are in most instances open to public examination.The person who prepares or submits to the Clerk's Office a document for filing is responsible for ensuring that the document contains no such information.

Step 1: Visit the Business Name Database. Go to the Virginia State Corporation Commission website. Step 2: Search for a Business Name. Step 3: Review the Results. How to Register a Fictitious Business Name (Sole Proprietorships and Partnerships)

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Affidavit of Payment Prior to Sale - Corporation

Note: This summary is not intended to be an all inclusive discussion of Virginia's construction or mechanic's lien laws, but does include basic provisions.

What is a construction or mechanic's lien?

Every State permits a person who supplies labor or materials for a construction project to claim a lien against the improved property. While some states differ in their definition of improvements and some states limit lien claims to buildings or structures, most permit the filing of a document with the local court that puts parties interested in the property on notice that the party asserting the lien has a claim. States differ widely in the method and time within which a party may act on their lien. Also varying widely are the requirements of written notices between property owners, contractors, subcontractors and laborers, and in some cases lending institutions. As a general rule, these statutes serve to prevent unpleasant surprises by compelling parties who wish to assert their legal rights to put all parties who might be interested in the property on notice of a claim or the possibility of a claim. This by no means constitutes a complete discussion of construction lien law and should not be interpreted as such. Parties seeking to know more about construction laws in their State should always consult their State statutes directly.

Who can claim a lien in this State?

All persons performing labor or furnishing materials of the value of fifty dollars or more, for the construction, removal, repair or improvement of any building or structure permanently annexed to the freehold, and all persons performing any labor or furnishing materials of like value for the construction of any railroad, shall have a lien, if perfected as hereinafter provided, upon such building or structure, and so much land therewith as shall be necessary for the convenient use and enjoyment thereof, and upon such railroad and franchises for the work done and materials furnished.

How long does a party have to claim a lien?

A general contractor, or any other lien claimant under §§ 43-7 and 43-9, in order to perfect the lien given by § 43-3, provided such lien has not been barred by § 43-4.01 C, shall file a memorandum of lien at any time after the work is commenced or material furnished, but not later than ninety days from the last day of the month in which he last performs labor or furnishes material, and in no event later than ninety days from the time such building, structure, or railroad is completed, or the work thereon is otherwise terminated.

How long is a lien good for?

No suit to enforce any lien perfected under §§ 43-4, 43-5 and 43-7 to 43-10 shall be brought after six months from the time when the memorandum of lien was recorded or after sixty days from the time the building, structure or railroad was completed or the work thereon otherwise terminated, whichever time shall last occur; provided, however, that the filing of a petition to enforce any such lien in any suit wherein such petition may be properly filed shall be regarded as the institution of a suit under this section; and, provided further, that nothing herein shall extend the time within which such lien may be perfected.

Does this State require a notice prior to starting work, or after work has been completed?

No. Virginia does not require a Notice of Commencement or a Notice of Completion as required in some other States.

Does this State permit a person with an interest in property to deny responsibility for improvements?

No. Virginia law does not have a provision that allows a property owner to deny responsibility for improvements to property.

Is a notice attesting to the satisfaction of a lien provided for or required?

While Virginia has no specific provision for the Release of a mechanic's lien, please see form VA-06-09 and VA-07-09 for standard forms used to release a lien.

Does this State permit the use of a bond to release a lien?

Virginia law does not contain a specific provision providing for the release of a lien through the use of a bond.