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To: Dooderbutt

If it is just an notice to lein, that is not that uncommon a practice for costruction Companies. In effect, it puts a legal claim on your home, that must be satisfied before the property can close at sale or at refinance. It's a good legal tool that protects a subcontractor in a case like this. This is just my opinion, and not my legal advice to you.

I would encourage you to get professional, legal advice in your local area immediately, and to always do so as soon as possible wheever you get a notice like that from anyone. best of luck to you...


23 posted on 02/04/2006 6:34:42 PM PST by Bean Counter ("Stout Hearts!")
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To: Bean Counter; Dooderbutt
If it is just an notice to lein, that is not that uncommon a practice for costruction Companies.

That is true. In Colorado a "Notice of Intent To Lien" must be given the property owner before an actual lien can be filed. A lien must also be filed within a statutory time period from when the work was done. (three months if I remember correctly) After the lien is filed it can be foreclosed. I did that once with a deadbeat company that was developing a subdivision and owed me quit a bit. They ignored the lien but boy did the foreclosure suit get their attention. I was paid within a few days.

Oh, someone said something about Homestead laws. Odds are that you waived any homestead rights when you signed your paperwork for your mortgage.

66 posted on 02/04/2006 9:31:48 PM PST by Colorado Doug (Diversity is divisive. E. Pluribus Unum (Out of many, one))
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