Hi, I'm Michele. Welcome back to Finally Revealed. In this episode, I want to talk about real estate again, specifically mechanic's liens. Oftentimes, you will have friends and family help you out with making modifications or repairs to your property. However, there are certain situations where you need to involve a contractor, handyman, or subcontractor - someone who can help you build a fence, dig a pool, re-landscape the yard, paint the house, add gutters, redo the roof, redo the driveway, redo the walk, remodel entire bathrooms, remodel the kitchen, or add a finished basement. For all these types of work, it is crucial to have an agreement with the party doing the work. This agreement should include a start and end time as well as a cost. If you have a written contract, make sure to include written change orders to keep track of any modifications and prevent things from getting out of hand. The reason I'm telling you this is because if these people are not paid what they claim they are owed, they can file a lien against your property. This is called a mechanic's lien and it applies to anyone who does work on or adds materials to the property. Each state has different rules and procedures for filing these liens, such as who can file and how long they have to file. To protect yourself from this situation, you need to be clear about what you're paying for. Make sure you get a receipt when you pay them in full. It would be even better if you can obtain a lien release, which is a document stating that the contractor releases all rights they have to the property. This will serve as proof that you've paid them and provide protection against any future claims. Remember, it's important to...
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Property lien california Form: What You Should Know
The exemption must be based on the failure or refusal to render any service as required or payment made for any suchĀ service, unless the person responsible for the lien has failed to discharge that duty or has shown an intent to withhold payment for thatĀ duty. The amount to be claimed must be not less than 500 nor more than 25,000, unless the lien arisesĀ under the Sale of Goods Act (1940; As Amended 1979; RCW 3.94A.030) and is for less than 250 in any one transaction.Ā The original judgment against the property must be issued prior to filing the document. The property may beĀ a car, boat, or motorcycle. No exemption will be allowed for any payment made by or on behalf of the person to whom the liensĀ are claimed for the amount owed. If the person to whom the lien is claimed does not owe the person who has filed theĀ notice a debt or service a lien, then there is no exemption provided for the payment of rent, mortgage, insurance, or otherĀ liens.Ā This is where things get tricky. Here's how it works: the person to whom the lien is claimed must show that the lien is: For any amount owed to the lie nor, the debtor or his representative, or an attorney, in theĀ event the debtor is a person.Ā A person includes any executor, administrator of the estate, trust, or partnership. For property other than debt, the person to whom the lien is claimed may show that the lien is an interest inĀ property owned by, or under the control of, the debtor. As a result, if someone else may be able to pay a debtor, such as aĀ partner, and the debt continues after the other person has paid the debt, the exemption should continue toĀ the payment. Now here's a good tip. Don't try to claim an exemption for what others pay. As I outlined above, they cannot beĀ exempt from a lien, as they are responsible for the debt which accrued.Ā Lien on Personal Property: Notice of Lien The person to whom the lien is claimed must file notice the Lien on the property.
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Video instructions and help with filling out and completing Property Lien Form california
