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. Upon discovering the type of lien your contractor or supplier has put on your house, there are several ways you can go about it. Find below things you should do to remove builder’s liens on your house.
You may not know much about this Act, this is the very first thing you ought to know. Dig deep into research and find out what it is that you need to do to get it off simply and cheaply. 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. You can also use the social media to learn more.
Removing Builders’ Lien on your home can be done through a few procedures and processes. After receiving payment in full is one of the ways that can be used to remove Builders’ Lien. Once a request has been submitted to the relevant bodies, Lien will be cleared within a timespan of twenty four to forty eight hours. You should understand that 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.
If you go for the consent order, all parties have to give consent for the replacement of the lien with the money. You are better off going for the court order because you will not need consent from the holder. If the lien is not proved in time then it will be considered invalid. The trick is acting fast to disprove the lien before your time elapses. If no action is taken, the lien will definitely expire.
Through trust is another way to remove Lien. This is where a lawyer comes in and ensures that all goes well in the sense that after agreeing to pay the money prior to removal, it will be paid as stated once Lien is removed.