This Stop Notice form is for use by an individual lien claimant entitled to a lien for labor and/or materials provided for the improvement of property to provide notice of the date the claimant filed a preliminary notice, the date the claimant presented his or her request for payment to the original contractors, the name of the owner and original contractor of the residential site, a description of the kind of labor or materials furnished, or agreed to be furnished, for the residential site, the name of the person who ordered the labor or who accepted the materials, the total cost of all the labor or materials to be furnished to the residential site, the cost of the labor furnished or materials already furnished, the balance of the money due and a statement that the construction lender, if any, or the owner, if there is no construction lender, must withhold a sufficient amount of money from the construction loan funds to satisfy the demand of the undersigned claimant.
Albuquerque New Mexico Stop Notice — Individual is a legal document designed to protect the rights of individuals working in the construction industry who have not been paid for their labor or materials. This notice gives individuals the ability to place a lien on the property where the work was performed, ensuring that they will receive payment for their services. By utilizing a stop notice, workers and suppliers can take legal action to enforce their right to payment. The Albuquerque New Mexico Stop Notice — Individual is applicable to various situations and can be categorized into different types based on the specific circumstances. These types include: 1. Albuquerque New Mexico Preliminary Notice — Individual: This is the initial notice sent by an individual working in the construction industry to the property owner or general contractor, informing them of their right to file a stop notice if payment for their services or materials is not received. 2. Albuquerque New Mexico Notice of Intent to File a Lien — Individual: This notice is sent by an individual who has not received payment for their work or materials, warning the property owner or general contractor of their intention to file a stop notice if payment is not made within a specified time period. 3. Albuquerque New Mexico Stop Notice — Individual: This is the final notice sent after the preliminary notice and notice of intent to file a lien. It officially places a lien on the property, preventing its transfer or sale until the outstanding debt is resolved. These various types of Albuquerque New Mexico Stop Notices — Individual provide individuals with the necessary tools to secure their payment and protect their interests in construction projects. It is important for individuals to understand their rights and responsibilities under these notices to ensure fair compensation for their work and materials.Albuquerque New Mexico Stop Notice — Individual is a legal document designed to protect the rights of individuals working in the construction industry who have not been paid for their labor or materials. This notice gives individuals the ability to place a lien on the property where the work was performed, ensuring that they will receive payment for their services. By utilizing a stop notice, workers and suppliers can take legal action to enforce their right to payment. The Albuquerque New Mexico Stop Notice — Individual is applicable to various situations and can be categorized into different types based on the specific circumstances. These types include: 1. Albuquerque New Mexico Preliminary Notice — Individual: This is the initial notice sent by an individual working in the construction industry to the property owner or general contractor, informing them of their right to file a stop notice if payment for their services or materials is not received. 2. Albuquerque New Mexico Notice of Intent to File a Lien — Individual: This notice is sent by an individual who has not received payment for their work or materials, warning the property owner or general contractor of their intention to file a stop notice if payment is not made within a specified time period. 3. Albuquerque New Mexico Stop Notice — Individual: This is the final notice sent after the preliminary notice and notice of intent to file a lien. It officially places a lien on the property, preventing its transfer or sale until the outstanding debt is resolved. These various types of Albuquerque New Mexico Stop Notices — Individual provide individuals with the necessary tools to secure their payment and protect their interests in construction projects. It is important for individuals to understand their rights and responsibilities under these notices to ensure fair compensation for their work and materials.
