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.
Title: Understanding Grand Rapids Michigan Claim of Lien — Corporation or LLC Introduction: In Grand Rapids, Michigan, a Claim of Lien is a legal document used to secure a party’s right to payment for services rendered or materials supplied for a construction project. This article provides a comprehensive overview of the Claim of Lien process for corporations and limited liability companies (LCS) based in Grand Rapids, Michigan. Furthermore, this article highlights the different types of liens that can be filed by corporations or LCS. 1. What is a Claim of Lien? A Claim of Lien is a legal notice filed by a corporation or LLC to seek payment for unpaid services or materials provided during a construction project. It serves as a mechanism to ensure that contractors, subcontractors, suppliers, or laborers receive due compensation for their contributions. 2. Process and Requirements: 2.1 Filing the Claim: To initiate the claim process, a corporation, or LLC must complete and file a Claim of Lien form with the Kent County Register of Deeds. This document must be filed within 90 days of the corporation or LLC's last furnishing of materials or services. 2.2 Contents of Claim: The Claim of Lien document must include accurate information regarding the claimant's identity, the amount owed, a legal description of the property, a description of the work performed or materials supplied, and contact information for both the claimant and property owner. 2.3 Serving the Claim: After filing the Claim of Lien, the corporation or LLC must serve a copy of the document to the property owner within 15 days via certified mail or personal delivery to their last known address. 3. Different Types of Liens: 3.1 Mechanic's Lien: This type of lien is commonly filed by subcontractors, suppliers, or laborers who directly provided materials or services for a construction project but have not received full payment. 3.2 Material Supplier Lien: Material suppliers who have furnished goods or materials to a construction project but have not been compensated can file a Material Supplier Lien. 3.3 Subcontractor Lien: Subcontractors who have performed work on a construction project under a general contractor but have not received full payment can file a Subcontractor Lien. 3.4 Contractor Lien: A Contractor Lien can be filed by a general contractor when they have not received full payment for their services or the services subcontracted under them. Conclusion: Understanding the Grand Rapids Michigan Claim of Lien — Corporation or LLC is crucial for businesses in the construction industry. Corporations and LCS must adhere to the specific filing requirements and deadlines to assert their right to payment for rendered services or supplied materials. By familiarizing themselves with the various types of liens, businesses can better navigate the complex process and protect their financial interests.Title: Understanding Grand Rapids Michigan Claim of Lien — Corporation or LLC Introduction: In Grand Rapids, Michigan, a Claim of Lien is a legal document used to secure a party’s right to payment for services rendered or materials supplied for a construction project. This article provides a comprehensive overview of the Claim of Lien process for corporations and limited liability companies (LCS) based in Grand Rapids, Michigan. Furthermore, this article highlights the different types of liens that can be filed by corporations or LCS. 1. What is a Claim of Lien? A Claim of Lien is a legal notice filed by a corporation or LLC to seek payment for unpaid services or materials provided during a construction project. It serves as a mechanism to ensure that contractors, subcontractors, suppliers, or laborers receive due compensation for their contributions. 2. Process and Requirements: 2.1 Filing the Claim: To initiate the claim process, a corporation, or LLC must complete and file a Claim of Lien form with the Kent County Register of Deeds. This document must be filed within 90 days of the corporation or LLC's last furnishing of materials or services. 2.2 Contents of Claim: The Claim of Lien document must include accurate information regarding the claimant's identity, the amount owed, a legal description of the property, a description of the work performed or materials supplied, and contact information for both the claimant and property owner. 2.3 Serving the Claim: After filing the Claim of Lien, the corporation or LLC must serve a copy of the document to the property owner within 15 days via certified mail or personal delivery to their last known address. 3. Different Types of Liens: 3.1 Mechanic's Lien: This type of lien is commonly filed by subcontractors, suppliers, or laborers who directly provided materials or services for a construction project but have not received full payment. 3.2 Material Supplier Lien: Material suppliers who have furnished goods or materials to a construction project but have not been compensated can file a Material Supplier Lien. 3.3 Subcontractor Lien: Subcontractors who have performed work on a construction project under a general contractor but have not received full payment can file a Subcontractor Lien. 3.4 Contractor Lien: A Contractor Lien can be filed by a general contractor when they have not received full payment for their services or the services subcontracted under them. Conclusion: Understanding the Grand Rapids Michigan Claim of Lien — Corporation or LLC is crucial for businesses in the construction industry. Corporations and LCS must adhere to the specific filing requirements and deadlines to assert their right to payment for rendered services or supplied materials. By familiarizing themselves with the various types of liens, businesses can better navigate the complex process and protect their financial interests.
