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Claim Of Lien

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claim of lien form 

Claim of Lien

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Summary: As a practical matter, a claim of lien does three things: First, it prevents the owner of the property from selling or otherwise transferring the property unless the lien is paid or otherwise addressed; second, if the lien is not paid voluntarily, the claim of lien enables the person claiming the lien to undertake foreclosure of the lien and sell the property to pay the lien claimant's debt; and third, the claim of lien established priorities among competing creditors who claim an interest in the property against which the lien has been claimed. Use this claim of lien form to file a claim of lien in situations where you or your company have completed work and have not been paid. The lien will help establish your claim for your right to payment.

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