"Liens... shall be dissolved unless the contractor, subcontractor, or some person claiming by, through or under them, shall, not later than the earliest of: (i) ninety days after the filing or recording of the notice of substantial completion under section two A; (ii) one hundred and twenty days after the filing or recording of the notice of termination under section two B; or (iii) one hundred and twenty days after the last day a person, entitled to enforce a lien under section two or anyone claiming by, through or under him, performed or furnished labor or material or both labor and materials or furnished rental equipment, appliances or tools, file or record in the registry of deeds in the county or district where the land lies a statement, giving a just and true account of the amount due or to become due him, with all just credits..." Mass. Gen. Laws Ann. ch. 254 §8.
The Cambridge Massachusetts Statement of Lien by Individual is a legal document that serves as a formal notice of a claim against a property. This statement is filed by an individual who asserts their right to a lien on the property in question. It is a crucial document for property owners, buyers, and lenders to understand the potential encumbrances on a property. The Cambridge Massachusetts Statement of Lien by Individual is typically used when an individual has provided labor, materials, or services for a property improvement project and has not received proper payment for their work. By filing this statement, the individual seeks reimbursement by creating a legal claim on the property. There are different types of Cambridge Massachusetts Statement of Lien by Individual, including Mechanic's Liens and Supplier's Liens. Mechanic's Liens are filed by contractors, subcontractors, or suppliers who have not been paid for their work on a construction or renovation project. This type of lien is commonly used in the construction industry to protect the rights of workers. Supplier's Liens, on the other hand, are filed by individuals or businesses who have supplied materials or goods to a property and have not been paid for them. When filing a Cambridge Massachusetts Statement of Lien by Individual, it is crucial to include specific information such as the property owner's name, the address of the property, a detailed description of the work, materials, or services provided, the amount of money owed, and the date the lien was filed. Additionally, it is important to comply with all the necessary legal requirements and deadlines to ensure the validity and enforceability of the lien. If the individual who filed the Cambridge Massachusetts Statement of Lien by Individual is unable to resolve the payment issue with the property owner, they may choose to initiate legal action to enforce the lien. This may involve a foreclosure on the property to satisfy the debt owed. In summary, the Cambridge Massachusetts Statement of Lien by Individual is a legal document used to assert a claim against a property when an individual has not been paid for their labor, materials, or services. It is essential for all parties involved in property transactions to be aware of these potential encumbrances to protect their interests. Mechanic's Liens and Supplier's Liens are the two most common types of liens filed by individuals in Cambridge, Massachusetts.The Cambridge Massachusetts Statement of Lien by Individual is a legal document that serves as a formal notice of a claim against a property. This statement is filed by an individual who asserts their right to a lien on the property in question. It is a crucial document for property owners, buyers, and lenders to understand the potential encumbrances on a property. The Cambridge Massachusetts Statement of Lien by Individual is typically used when an individual has provided labor, materials, or services for a property improvement project and has not received proper payment for their work. By filing this statement, the individual seeks reimbursement by creating a legal claim on the property. There are different types of Cambridge Massachusetts Statement of Lien by Individual, including Mechanic's Liens and Supplier's Liens. Mechanic's Liens are filed by contractors, subcontractors, or suppliers who have not been paid for their work on a construction or renovation project. This type of lien is commonly used in the construction industry to protect the rights of workers. Supplier's Liens, on the other hand, are filed by individuals or businesses who have supplied materials or goods to a property and have not been paid for them. When filing a Cambridge Massachusetts Statement of Lien by Individual, it is crucial to include specific information such as the property owner's name, the address of the property, a detailed description of the work, materials, or services provided, the amount of money owed, and the date the lien was filed. Additionally, it is important to comply with all the necessary legal requirements and deadlines to ensure the validity and enforceability of the lien. If the individual who filed the Cambridge Massachusetts Statement of Lien by Individual is unable to resolve the payment issue with the property owner, they may choose to initiate legal action to enforce the lien. This may involve a foreclosure on the property to satisfy the debt owed. In summary, the Cambridge Massachusetts Statement of Lien by Individual is a legal document used to assert a claim against a property when an individual has not been paid for their labor, materials, or services. It is essential for all parties involved in property transactions to be aware of these potential encumbrances to protect their interests. Mechanic's Liens and Supplier's Liens are the two most common types of liens filed by individuals in Cambridge, Massachusetts.