This form is used to officially record a lien. It must be filed in duplicate in the recorder's office within ninety (90) days after performing labor or furnishing materials. It sets out the amount that the lien claimant is owed, the names and addresses of the claimant and owner, and the legal description of the property. Please note that a different form is used for Class 2 structures.
Carmel Indiana Notice of Lien — Individual: Types and Detailed Description A Carmel Indiana Notice of Lien — Individual refers to a legal document filed by an individual or a creditor to claim a right to property or assets owned by another individual in Carmel, Indiana. This type of lien is commonly used to secure unpaid debts, including unpaid taxes, unpaid mortgages, or unpaid contractor bills. Two common types of Carmel Indiana Notice of Lien — Individual are: 1. Tax Lien: A Carmel Indiana Tax Lien — Individual is filed by a government agency, such as the Internal Revenue Service (IRS), Indiana Department of Revenue, or Marion County Tax Sale, when an individual fails to pay their property or income taxes. This lien serves as a legal claim against the delinquent taxpayer's property, creating a right to seize and sell the property to recover the unpaid taxes. 2. Mechanic's Lien: A Carmel Indiana Mechanic's Lien — Individual is filed by contractors, subcontractors, or suppliers who haven't received full payment for work completed or materials provided on a construction or renovation project. This type of lien allows the claimant to enforce their right to be paid by foreclosing on the property or assets in question. The detailed description of a Carmel Indiana Notice of Lien — Individual typically includes the following information: 1. Creditor Details: The name, address, and contact information of the individual or entity filing the lien. 2. Debtor Details: The name, address, and contact information of the individual who owes the debt or has failed to fulfill their financial obligations. 3. Description of Lien: A clear and concise explanation of the type of lien being filed, whether it's a tax lien, mechanic's lien, or other specific lien type. 4. Property Description: A detailed description of the property or assets being claimed by the lien, including the physical address, legal description, and any relevant identifying details. 5. Amount of Debt: The specific amount of the debt owed, including any interest, penalties, or additional costs associated with the unpaid debt. 6. Filing Date: The date on which the lien was filed, which is crucial for determining its priority if multiple liens are involved. 7. Recording Information: The official record or document number assigned to the lien filing, along with the name and contact details of the recording office where the lien is lodged. It's important to note that a Carmel Indiana Notice of Lien — Individual can have significant consequences for both the debtor and the creditor. Debtor's assets may be at risk of being sold or seized to satisfy the debt, while the creditor gains a legal claim to the property, ensuring potential repayment.Carmel Indiana Notice of Lien — Individual: Types and Detailed Description A Carmel Indiana Notice of Lien — Individual refers to a legal document filed by an individual or a creditor to claim a right to property or assets owned by another individual in Carmel, Indiana. This type of lien is commonly used to secure unpaid debts, including unpaid taxes, unpaid mortgages, or unpaid contractor bills. Two common types of Carmel Indiana Notice of Lien — Individual are: 1. Tax Lien: A Carmel Indiana Tax Lien — Individual is filed by a government agency, such as the Internal Revenue Service (IRS), Indiana Department of Revenue, or Marion County Tax Sale, when an individual fails to pay their property or income taxes. This lien serves as a legal claim against the delinquent taxpayer's property, creating a right to seize and sell the property to recover the unpaid taxes. 2. Mechanic's Lien: A Carmel Indiana Mechanic's Lien — Individual is filed by contractors, subcontractors, or suppliers who haven't received full payment for work completed or materials provided on a construction or renovation project. This type of lien allows the claimant to enforce their right to be paid by foreclosing on the property or assets in question. The detailed description of a Carmel Indiana Notice of Lien — Individual typically includes the following information: 1. Creditor Details: The name, address, and contact information of the individual or entity filing the lien. 2. Debtor Details: The name, address, and contact information of the individual who owes the debt or has failed to fulfill their financial obligations. 3. Description of Lien: A clear and concise explanation of the type of lien being filed, whether it's a tax lien, mechanic's lien, or other specific lien type. 4. Property Description: A detailed description of the property or assets being claimed by the lien, including the physical address, legal description, and any relevant identifying details. 5. Amount of Debt: The specific amount of the debt owed, including any interest, penalties, or additional costs associated with the unpaid debt. 6. Filing Date: The date on which the lien was filed, which is crucial for determining its priority if multiple liens are involved. 7. Recording Information: The official record or document number assigned to the lien filing, along with the name and contact details of the recording office where the lien is lodged. It's important to note that a Carmel Indiana Notice of Lien — Individual can have significant consequences for both the debtor and the creditor. Debtor's assets may be at risk of being sold or seized to satisfy the debt, while the creditor gains a legal claim to the property, ensuring potential repayment.
