Memphis Tennessee Notice of Lien - Corporation

State:
Tennessee
City:
Memphis
Control #:
TN-02A-09
Format:
Word; 
Rich Text
Instant download

Description

A mechanic's lien shall have precedence over all other subsequent liens or conveyances during such time; provided, that a sworn statement of the amount due and/or approximating that to accrue for such work, labor, or materials, and a reasonably certain description of the premises, shall be filed, within the ninety-day period referred to in § 66-11-115(b), or in the case of liens acquired by contract executed on or after April 17, 1972, by virtue of § 66-11-141, within ninety (90) days after completion of the structure which is or is intended to be furnished water by virtue of drilling a well, or abandonment of work on the structure, as the case may be, with the county register, who shall note the same for registration, and put it on record in the lien book in the office of the register, for which the register shall be entitled to the sums specified in § 8-21-1001, which sums shall be paid by the party filing the same; but such fees shall be receipted for on the statement of account, and shall be part of the indebtedness or charge secured by the lien, and this registration shall be notice to all persons of the existence of such lien.

The Memphis Tennessee Notice of Lien — Corporation or LLC is a legal document that is used to notify the public of a lien that has been placed on a corporation or limited liability company (LLC) located in Memphis, Tennessee. A lien is a claim or right to a piece of property as security for the payment of a debt or obligation. This notice of lien is typically filed with the Tennessee Secretary of State or the Shelby County Clerk's Office, depending on the jurisdiction, and it serves as a formal notification to all interested parties, including potential creditors, that the corporation or LLC has an outstanding debt or obligation that needs to be satisfied. The purpose of this notice is to protect the rights of the creditor and ensure that they have legal recourse to recover the amount owed. There are different types of Memphis Tennessee Notice of Lien — Corporation or LLC that may be filed depending on the circumstances. Some common types include: 1. Tax Lien Notice: This type of lien is filed by a governmental entity, such as the Internal Revenue Service (IRS) or the Tennessee Department of Revenue, for unpaid taxes owed by the corporation or LLC. The notice identifies the amount owed and provides information about the taxes in question. 2. Judgment Lien Notice: This type of lien is filed by a creditor who has obtained a judgment against the corporation or LLC in a court of law. The notice states the amount of the judgment and provides information about the court case and judgment. 3. Mechanic's Lien Notice: This type of lien is filed by a contractor, subcontractor, or supplier who has provided labor, materials, or services for a construction project and has not been paid. The notice identifies the property on which the lien is claimed and provides detailed information about the work performed and the amount owed. 4. UCC Lien Notice: This type of lien is filed under the Uniform Commercial Code (UCC) and is typically used by a lender who has extended credit to the corporation or LLC. The notice identifies the collateral that secures the loan and provides information about the lender and the amount owed. In summary, the Memphis Tennessee Notice of Lien — Corporation or LLC is a vital legal instrument used to alert the public about a lien placed on a corporation or LLC in Memphis, Tennessee. It safeguards the rights of creditors and serves as a warning to potential creditors, providing crucial information about outstanding debts or obligations. Various types of liens can be filed, including tax liens, judgment liens, mechanic's liens, and UCC liens, each serving different purposes based on the nature of the debt or obligation.

The Memphis Tennessee Notice of Lien — Corporation or LLC is a legal document that is used to notify the public of a lien that has been placed on a corporation or limited liability company (LLC) located in Memphis, Tennessee. A lien is a claim or right to a piece of property as security for the payment of a debt or obligation. This notice of lien is typically filed with the Tennessee Secretary of State or the Shelby County Clerk's Office, depending on the jurisdiction, and it serves as a formal notification to all interested parties, including potential creditors, that the corporation or LLC has an outstanding debt or obligation that needs to be satisfied. The purpose of this notice is to protect the rights of the creditor and ensure that they have legal recourse to recover the amount owed. There are different types of Memphis Tennessee Notice of Lien — Corporation or LLC that may be filed depending on the circumstances. Some common types include: 1. Tax Lien Notice: This type of lien is filed by a governmental entity, such as the Internal Revenue Service (IRS) or the Tennessee Department of Revenue, for unpaid taxes owed by the corporation or LLC. The notice identifies the amount owed and provides information about the taxes in question. 2. Judgment Lien Notice: This type of lien is filed by a creditor who has obtained a judgment against the corporation or LLC in a court of law. The notice states the amount of the judgment and provides information about the court case and judgment. 3. Mechanic's Lien Notice: This type of lien is filed by a contractor, subcontractor, or supplier who has provided labor, materials, or services for a construction project and has not been paid. The notice identifies the property on which the lien is claimed and provides detailed information about the work performed and the amount owed. 4. UCC Lien Notice: This type of lien is filed under the Uniform Commercial Code (UCC) and is typically used by a lender who has extended credit to the corporation or LLC. The notice identifies the collateral that secures the loan and provides information about the lender and the amount owed. In summary, the Memphis Tennessee Notice of Lien — Corporation or LLC is a vital legal instrument used to alert the public about a lien placed on a corporation or LLC in Memphis, Tennessee. It safeguards the rights of creditors and serves as a warning to potential creditors, providing crucial information about outstanding debts or obligations. Various types of liens can be filed, including tax liens, judgment liens, mechanic's liens, and UCC liens, each serving different purposes based on the nature of the debt or obligation.

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Memphis Tennessee Notice of Lien - Corporation