Furnishings, Fixtures, And Tools

July 9, 2008 0 comments Article Economic

For submitting a discover of lien, which payment shall embrace the price of filing a certificates of launch or nonstatement for stated discover of lien, $25. In all other circumstances, in the office of the clerk of the circuit court docket of the county where the person towards whose interest the lien applies resides on the time of submitting of the notice of lien. Nothing in this half shall be deemed to fix a liability upon an interest holder greater than the amount for which the interest holder could be liable to the unique contractor. Payment made by the interest holder to the original contractor prior to notice of a subcontractor’s lien shall be considered satisfaction of obligations to the extent of such funds. Payments made by the interest holder to a subcontractor pursuant to a valid lien shall be thought of satisfaction of obligations owed by the curiosity holder to the contractor beneath the contract to the extent of such payments.

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