Ways You Can Remove a Builder’s Lien on Your House
The type of lien one wants to discharge is what determines how you want to remove it. It usually is a simple process and is not dear. After you discover your house has been put on lien by your contractor or supplier, there are a few ways you can have it removed. Here is how you can remove builder’s lien on your house.
You may not know much about this Act, this is the very first thing you ought to know. You need to have all the information you can get so that you can know what it is that you needed to do to get off it. You can ask a friend or relative who have had this done so as to get a few ideas on how to go about it. Go to the land registry office to check what you can do and what needs to be done legally. Learn even more about the Act and how to go about it from online forums and the social media platforms.
Removing Builders’ Lien on your home can be done through a few procedures and processes. You should know after receiving payment in full is one of the ways you can initiate the process of removing Builders’ Lien on your home. It is important to note that it will be cleared within a timeline of twenty four to forty eight hours once a request has been submitted to the relevant authorities. And it is essential to note the time taken to process Lien removal differs from one area to another.
You also have a chance of having the lien removed from your property if you get a court order. If you want it removed, you can just go to court and request it done. To have the lien removed you will need to have some money to replace the lien, this money has to be equal to the lien value with other charges on top. This money will then be held in court and you can have the lien removed.
A consent order requires more because the lien holder has to agree to the terms. You are better off going for the court order because you will not need consent from the holder. Another way you can have the lien removed is by making sure that the lien does not get approved. If you receive a notice from the lien holder and act fast to prove otherwise, you will be free from it. A lien can also expire if no action is taken.
Through trust is another way to remove Lien. It will be paid as stated once Lien is removed after agreeing to pay the money prior to removal and it has to be done in the presence of a lawyer.