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Arkansas Mechanics Lien Frequently Asked QuestionsArkansas Lien Documents are Easy to File with LienItNow.com  What is an Arkansas mechanics' lien Claim?In Arkansas, liens filed on private
property or on funds
relating to a public
project are known as Mechanic's Liens. When an
Arkansas 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 Arkansas mechanics' lien Claim?Contractors, as well as
subcontractors, design
professionals,
sub-subcontractors and
material suppliers can
file an Arkansas
mechanics lien. If a
company supplies
material to a material
supplier, they are not
eligible to file an
Arkansas mechanics lien
claim. Are pre-notices for an Arkansas mechanics' lien Claim required?Yes. Ten days prior to
the filing of an
Arkansas mechanics lien
claim, a lien claimant
must give the owner, or
the owner's agent, or
both of them notice that
a mechanics lien claim
is going
to be filed. Can you file an Arkansas mechanics' lien Claim without a pre-notice?The ten day pre-notice
is required to be served
prior to filing a
mechanics' lien claim. When should an Arkansas mechanics' lien Claim be filed?Prime contractors,
subcontractors,
materialmen and design
professionals must file
a mechanics' lien within
120 days
of the last date the
claimant provided labor
or materials to the
project. How much does it cost to file an Arkansas mechanics' lien Claim?LienItNow.com prepares, files and
serves Arkansas
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 Arkansas 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
Arkansas mechanics lien
claim. How does filing an Arkansas mechanics' lien Claim help me get my money?On a private project,
the Arkansas mechanics' lien places an encumbrance on
the property that makes
it difficult to resell
or re-finance the
property without first
removing the mechanics lien. What is an Arkansas Stop Notice and why should it be filed?LienItNow.com prepares and serves
Arkansas 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. What is an Arkansas Amendment to a mechanics' lien Claim?LienItNow.com prepares, files and
serves Arkansas
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 Arkansas Discharge of mechanics' lien claim be filed?LienItNow.com prepares, files and
serves Arkansas
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 Arkansas 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. Arkansas
law, however, does not
permit an extension of
mechanics' lien claims. Can I file a Bond Claim on an Arkansas Project?LienItNow.com prepares, files and
serves Arkansas 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 Arkansas payment bond?LienItNow.com prepares, files and
serves Arkansas
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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