ALASKA

MICROSOFT® Word™ Individual Notice Solutions

Notice Of Right To Lien

ALASKA Statutes § 34.25.064 mandate that a Notice Of Right To Lien should be served to all legal parties on a project (Customer, Owner, General Contractor, Lender) after first furnishing construction related labor, professional services, materials, machinery, fixtures or tools to a jobsite. You then have 90 days from the completion of the project to file a Claim Of Lien.

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Waiver And Release Of Right To Lien Upon Final Payment

A Waiver And Release of Right To Lien Upon Final Payment is sent to the Owner and any other legal parties requesting a copy after receiving full and final payment for labor or materials provided for a project. You forfeit your lien rights in the event you are not paid – issue only after payment clears the bank.

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Notice Of Intent To File A Lien Claim

Thirty (30) days before a Claim of Lien may be filed a Prime Contractor Notice of Intention to File Claim for Lien must be delivered (Certified Mail highly recommended) by the Prime Contractor to the Owner within five (5) months after the completion of providing labor or materials at a property. Additional legal parties, including the Lender/Surety, should be delivered the Prime Contractor Notice of Intention to File Claim of Lien.

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Claim Of Lien

ALASKA Statutes § 34.35.070 mandate that a notarized Claim of Lien can be recorded within ninety (90) days of last providing labor, services, equipment or materials at a project. It is recorded at the Recording Office in the recording district where a project you provided labor, services, equipment or materials. You then have fifteen (15) days to furnish to the Owner a recorded copy of the Claim of Lien.

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Release And Satisfaction Of Recorded Claim Of Lien

A notarized Release and Satisfaction of Recorded Claim of Lien is used if you are paid in full for a previously recorded Claim of Lien. File it at the Recorder’s Office in the Recording District/Borough where your work of improvement occurred. Send copies after it is recorded to all the legal parties for the project.

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Stop Lending Notice

ALASKA Statutes § 34.35.062 mandate that a stop-lending notice is another means of protecting those claimants who furnish labor, material, service or equipment for a project. The notice is created by the claimant and must contain several items of information. Once a stop-lending notice is received by a lender, it remains in effect for 90 days, or until revoked by the claimant. The lender must then cease disbursement or face varying degrees of liability to the claimant. The function of the stop notice is to intercept funds before they are paid to the prime contractor.

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DISCLAIMER: In no event shall TRADITION SOFTWARE, INC. be liable to anyone for any problem, claim or loss arising out of the purchase and subsequent use of the State notices produced by MICROSOFT® Word™ and PreLien2Lien that are available for purchase on this website. TRADITION SOFTWARE, INC. is not engaged in practicing law nor does TRADITION SOFTWARE, INC. provide legal advice.