When a tradesman provides materials and services, the law provides him with a lien upon the item that was improved by his skill, materials, and labor. These liens come in two different varieties, the mechanic's lien and the repairman's lien.
A repairman's lien applies only to personal property and is created by long-standing common (judge-made) law. It most commonly arises with motor vehicles, but it applies to all items of personal property. The lien is created automatically when anyone makes repairs to personal property. It exists only as long as the item repaired is in the repairman's possession and the debt is unpaid. The repairman may hold the property until such time as the lien is repaid. This lien even takes priority over the lien held by a bank that financed the item, so that the bank cannot repossess the item from the repairman without first paying the repair bill. This makes sense because it is only fair that the bank pay for the repairs that improved the value of the property is it repossessing.
A Wake North Carolina Waiver of Lien by Automobile or Car Mechanic is a legal document used in the state of North Carolina to protect the rights of car mechanics or automobile service providers. This waiver serves as proof that the mechanic has been compensated for their services, hence releasing any claim of the lien on the vehicle. In Wake County, North Carolina, there are two main types of Waiver of Lien by Automobile or Car Mechanic: 1. Partial Waiver of Lien: This type of waiver is used when the mechanic or service provider receives only a partial payment for their services. By signing this waiver, the mechanic acknowledges receiving a specific amount but retains the right to claim the remaining balance. 2. Final Waiver of Lien: This waiver is utilized when the mechanic or service provider has been fully compensated for their services. Once signed, it signifies that the mechanic has relinquished all claim on the vehicle and acknowledges that they have received full payment. It is important to note that these waivers must be signed voluntarily and without any form of coercion or pressure. The document requires accurate information concerning the mechanic, the vehicle owner, and a detailed description of the services provided. Keywords: Wake North Carolina, Waiver of Lien, Automobile, Car Mechanic, Wake County, North Carolina, Waiver of Lien by Automobile Mechanic, Waiver of Lien by Car Mechanic, Mechanic's Lien, Partial Waiver of Lien, Final Waiver of Lien, Compensation, Car Repair, Vehicle Services.A Wake North Carolina Waiver of Lien by Automobile or Car Mechanic is a legal document used in the state of North Carolina to protect the rights of car mechanics or automobile service providers. This waiver serves as proof that the mechanic has been compensated for their services, hence releasing any claim of the lien on the vehicle. In Wake County, North Carolina, there are two main types of Waiver of Lien by Automobile or Car Mechanic: 1. Partial Waiver of Lien: This type of waiver is used when the mechanic or service provider receives only a partial payment for their services. By signing this waiver, the mechanic acknowledges receiving a specific amount but retains the right to claim the remaining balance. 2. Final Waiver of Lien: This waiver is utilized when the mechanic or service provider has been fully compensated for their services. Once signed, it signifies that the mechanic has relinquished all claim on the vehicle and acknowledges that they have received full payment. It is important to note that these waivers must be signed voluntarily and without any form of coercion or pressure. The document requires accurate information concerning the mechanic, the vehicle owner, and a detailed description of the services provided. Keywords: Wake North Carolina, Waiver of Lien, Automobile, Car Mechanic, Wake County, North Carolina, Waiver of Lien by Automobile Mechanic, Waiver of Lien by Car Mechanic, Mechanic's Lien, Partial Waiver of Lien, Final Waiver of Lien, Compensation, Car Repair, Vehicle Services.
