Within ninety (90) days after a corporate or LLC lien claimant's last furnishing of labor or material for the improvement pursuant to the lien claimant's contract, a Claim of Lien must be recorded in the office of the register of deeds for each county where the real property to which the improvement was made is located.
Keywords: Ann Arbor Michigan, Claim of Lien, Corporation, LLC. A Claim of Lien, specifically designed for corporations and limited liability companies (LCS) operating in Ann Arbor, Michigan, is a legal document that allows these entities to assert their rights over a property or assets when a debt owed to them by another party remains unpaid. This Claim of Lien provides a mechanism for corporations and LCS to seek payment or secure their interests in a property until the outstanding debt is resolved. In Ann Arbor, Michigan, there are different types of Claim of Lien available for corporations and LCS, depending on the nature of the debt or the property in question. Some key types include: 1. Construction Claim of Lien — Corporation or LLC: This type of lien is commonly used by construction companies, contractors, or subcontractors in Ann Arbor, Michigan. It allows them to place a claim on a property if they haven't received full payment for work done or materials supplied for construction or improvement projects. By filing a Construction Claim of Lien, corporations and LCS can protect their financial interests and potentially force payment. 2. Mechanic's Lien — Corporation or LLC: Mechanic's Liens are often utilized by corporations and LCS in the automotive, machinery, or equipment industries in Ann Arbor, Michigan. When repairs, maintenance, or improvements are performed on a vehicle or machinery, these liens protect the rights of the entities if payment for the services rendered or the materials used is not received in full. 3. Personal Property Lien — Corporation or LLC: This type of lien applies to corporations and LCS that provide goods or services on credit, especially in retail or wholesale industries in Ann Arbor, Michigan. If the customer fails to pay for their purchases, the entities can file a Personal Property Lien to claim ownership or possessor rights over the unpaid items until the debt is resolved or the property is sold to recover the outstanding amount. Ann Arbor, Michigan's Claim of Lien — Corporation or LLC provides an essential legal avenue for corporations and LCS to protect their financial interests and assure payment for their work, services, or goods. It is crucial for businesses operating in Ann Arbor to familiarize themselves with the specific laws and regulations pertaining to these types of liens to ensure compliance and protect their rights in the event of non-payment or default by debtors.Keywords: Ann Arbor Michigan, Claim of Lien, Corporation, LLC. A Claim of Lien, specifically designed for corporations and limited liability companies (LCS) operating in Ann Arbor, Michigan, is a legal document that allows these entities to assert their rights over a property or assets when a debt owed to them by another party remains unpaid. This Claim of Lien provides a mechanism for corporations and LCS to seek payment or secure their interests in a property until the outstanding debt is resolved. In Ann Arbor, Michigan, there are different types of Claim of Lien available for corporations and LCS, depending on the nature of the debt or the property in question. Some key types include: 1. Construction Claim of Lien — Corporation or LLC: This type of lien is commonly used by construction companies, contractors, or subcontractors in Ann Arbor, Michigan. It allows them to place a claim on a property if they haven't received full payment for work done or materials supplied for construction or improvement projects. By filing a Construction Claim of Lien, corporations and LCS can protect their financial interests and potentially force payment. 2. Mechanic's Lien — Corporation or LLC: Mechanic's Liens are often utilized by corporations and LCS in the automotive, machinery, or equipment industries in Ann Arbor, Michigan. When repairs, maintenance, or improvements are performed on a vehicle or machinery, these liens protect the rights of the entities if payment for the services rendered or the materials used is not received in full. 3. Personal Property Lien — Corporation or LLC: This type of lien applies to corporations and LCS that provide goods or services on credit, especially in retail or wholesale industries in Ann Arbor, Michigan. If the customer fails to pay for their purchases, the entities can file a Personal Property Lien to claim ownership or possessor rights over the unpaid items until the debt is resolved or the property is sold to recover the outstanding amount. Ann Arbor, Michigan's Claim of Lien — Corporation or LLC provides an essential legal avenue for corporations and LCS to protect their financial interests and assure payment for their work, services, or goods. It is crucial for businesses operating in Ann Arbor to familiarize themselves with the specific laws and regulations pertaining to these types of liens to ensure compliance and protect their rights in the event of non-payment or default by debtors.
