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Alaska Mechanics Lien Frequently Asked QuestionsAlaska Lien Documents are Easy to File with LienItNow.com  What is an Alaska mechanics' lien Claim?In Alaska, liens filed on private
property or on funds
relating to a public
project are known as
Mechanic's Liens. When an
Alaska mechanics
lien is filed with
regard to work performed
on privately owned
property, it attaches to
and encumbers the fee
simple ownership of
property Who can file an Alaska mechanics' lien Claim?Contractors, as well as
subcontractors, design
professionals,
sub-subcontractors and
material suppliers can
file an Alaska mechanics lien. If a
company supplies
material to a material
supplier, they are not
eligible to file an
Alaska mechanics lien
claim. Are pre-notices for an Alaska mechanics' lien Claim required?Pre-notices should be
filed by with the
recorder's office any
after the claimant
either enters a contract
or furnishes labor,
material or other
services. Can you file an Alaska mechanics' lien Claim without a pre-notice?Yes. When should an Alaska mechanics' lien Claim be filed?Lien claimants who
receive advance notice
of a filing of a Notice
of Completion by the
owner have 15 days
thereafter to file an
Alaska
claim of lien. If the
lien claimant has not
give notice of a right
to lien (pre-notice),
it also has 15 days to file
a claim of lien after
the recording of the
Notice of Completion.
A lien
claimant who recorded a
notice of right to lien
has 90 days
after either the
completion of the
construction contract or
the last day it provided
materials or labor to
the project. How much does it cost to file an Alaska mechanics' lien Claim?LienItNow.com prepares, files and
serves Alaska
mechanics' liens (which
includes a written
notice of intent to
claim a lien, if
necessary, as well as a
verified statement of
lien) for a fee of
$250.00. Pre-notices
are not included in the
$250.00 price, but can
be filed for a fee of
$50.00. Do I need a written contract in order to file an Alaska Mechanics Lien Claim?No. Oral contracts are
sufficient if you have
sufficient documentation
to show the existence of
an agreement or that you
performed the work for
which you are filing an
Alaska mechanics lien. How does filing an Alaska mechanics' lien Claim help me get my money?On a private project,
the Alaska mechanics' lien places an encumbrance on
the property that makes
it difficult to resell
or re-finance the
property without first
removing the Alaska
mechanics lien. What is an Alaska Stop Notice and why should it be filed?LienItNow.com prepares and serves
Alaska Stop Notices for
a fee of $100.00.
A Stop Notice is a
notification that has
the ability to enhance
the effectiveness of a
mechanic's lien. A Stop
Notice, or a notice to
withhold funds, is sent
to the company that is
financing or funding the
construction funds for a
project. Once that
company receives the
Stop Notice, that
company has notice that
it should withhold
sufficient money to
satisfy the stop notice
claim. The purpose of
the Stop Notice is to
provide the lender,
financiers or funders of
the construction project
notice that there is
money owed to a
contractor,
subcontractor or
supplier so that an
inquiry can be made as
to why that money is not
being paid. Alaska
Stop Notices remain in
effect for 90 days. What is an Alaska Amendment to a mechanics' lien Claim?LienItNow.com prepares, files and
serves Alaska
Amendments to mechanics' lien Claims for a fee of
$225.00. Amendments to a
mechanics' lien claim
are often needed when
something about the
lien claim changes. Common
changes to a lien claim
are increases or
reductions in the amount
due to the lienor, or a
change to the last date
of work. When should an Alaska Discharge of mechanics' lien claim be filed?LienItNow.com prepares, files and
serves Alaska
Discharges of mechanics' lien Claims for a fee of
$75.00. Once the lienor
has been paid the amount
contained in its lien
claim, or has come to an
agreement that requires
the lien claim to be
removed from the
property records, a
Discharge of mechanics' lien Claim should be
filed. How much does it cost to file an Alaska Extension of a mechanics' lien Claim?LienItNow.com prepares, files and
serves extensions of
mechanics' lien Claims
for a fee of $75.00.
All lien claims expire
after a certain period
of time, and filing an
extension of the
mechanics' lien claim
prolongs the expiration
date. Alaska law,
however, does not permit
an extension of
mechanics' lien claims. Can I file a Bond Claim on an Alaska Project?LienItNow.com prepares, files and
serves Alaska Bond Claims for a fee of $250.00. Bond claims
can only be filed on a
project where the owner,
contractor or
subcontractor has
obtained a payment bond
to ensure that every
contractor receives
payment for the work
performed on the
Project. The payment
bonds issued by sureties
for construction
projects have specific
timing requirements, but
most require claimants
to submit claims against
the bond within sixty to
ninety days from the
claimants' last date of
work. Bond claims are
more effective than a
lien claim because the
payment bond acts as a
guarantee that payment
will be made for work
properly completed. Do I need to file a Pre-Notice to make a claim against an Alaska payment bond?LienItNow.com prepares, files and
serves Alaska
Pre-Notices for bond
claims for a fee of
$50.00. Depending on
the terms of the payment
bond, pre-notices may or
may not be required.
LienItNow.com recommends that, prior
to or immediately after
starting work or
delivering materials to
a project,
subcontractors and
suppliers, file a
pre-notice that it is a
potential beneficiary of
the construction
project's bond. |
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