Any party seeking to claim a lien against real property must file a Claim of Lien form in the office of the clerk of the superior court in each county wherein the real property subject to the claim of lien is located, no later than one hundred and twenty (120) days after the last furnishing of labor or materials.
A Wilmington North Carolina Claim of Lien by Corporation or LLC is a legal document filed by a corporation or Limited Liability Company (LLC) against a property or asset as security for a debt owed to them. This claim of lien grants the corporation or LLC the right to pursue legal action to ensure they are paid before the property or asset is sold or transferred. Keywords: Wilmington North Carolina, Claim of Lien, Corporation, LLC, legal document, property, asset, security, debt, pursue legal action, sold, transferred. There are different types of Wilmington North Carolina Claim of Lien by Corporation or LLC, including: 1. Mechanic's Lien: This type of claim of lien is filed by a corporation or LLC in the construction industry. If a property owner fails to pay the contractor or subcontractor for services or materials provided, the corporation or LLC can file a mechanic's lien to secure payment. 2. Material man's Lien: Similar to a mechanic's lien, a material man's lien is filed by a corporation or LLC that has supplied materials to a construction project but hasn't been paid. This claim of lien ensures that the corporation or LLC has the right to payment before the property is sold or transferred. 3. Contractor's Lien: Filed by a corporation or LLC involved in a construction project as the contracted party, a contractor's lien is used when the property owner fails to compensate for the completed work or services provided. 4. Debtor's Lien: This type of claim of lien is filed by a corporation or LLC when the property owner owes a debt or loan, and the corporation or LLC wants to secure their interest in the property or asset. It allows the corporation or LLC to take legal action to seek repayment. 5. Judgment Lien: If a corporation or LLC obtains a judgment in a court of law against a debtor, they can file a judgment lien on the debtor's property or assets. This claim of lien ensures that the corporation or LLC has a priority claim on the property when it is sold or transferred. In conclusion, a Wilmington North Carolina Claim of Lien by Corporation or LLC is a crucial legal document used to secure payment owed to a corporation or LLC. By filing this claim of lien, these entities can protect their rights and seek appropriate legal actions to ensure their debt is repaid.A Wilmington North Carolina Claim of Lien by Corporation or LLC is a legal document filed by a corporation or Limited Liability Company (LLC) against a property or asset as security for a debt owed to them. This claim of lien grants the corporation or LLC the right to pursue legal action to ensure they are paid before the property or asset is sold or transferred. Keywords: Wilmington North Carolina, Claim of Lien, Corporation, LLC, legal document, property, asset, security, debt, pursue legal action, sold, transferred. There are different types of Wilmington North Carolina Claim of Lien by Corporation or LLC, including: 1. Mechanic's Lien: This type of claim of lien is filed by a corporation or LLC in the construction industry. If a property owner fails to pay the contractor or subcontractor for services or materials provided, the corporation or LLC can file a mechanic's lien to secure payment. 2. Material man's Lien: Similar to a mechanic's lien, a material man's lien is filed by a corporation or LLC that has supplied materials to a construction project but hasn't been paid. This claim of lien ensures that the corporation or LLC has the right to payment before the property is sold or transferred. 3. Contractor's Lien: Filed by a corporation or LLC involved in a construction project as the contracted party, a contractor's lien is used when the property owner fails to compensate for the completed work or services provided. 4. Debtor's Lien: This type of claim of lien is filed by a corporation or LLC when the property owner owes a debt or loan, and the corporation or LLC wants to secure their interest in the property or asset. It allows the corporation or LLC to take legal action to seek repayment. 5. Judgment Lien: If a corporation or LLC obtains a judgment in a court of law against a debtor, they can file a judgment lien on the debtor's property or assets. This claim of lien ensures that the corporation or LLC has a priority claim on the property when it is sold or transferred. In conclusion, a Wilmington North Carolina Claim of Lien by Corporation or LLC is a crucial legal document used to secure payment owed to a corporation or LLC. By filing this claim of lien, these entities can protect their rights and seek appropriate legal actions to ensure their debt is repaid.