Download Arizona Authority to Cancel Notice of Claim of Lien Legal Forms
Arizona Authority to Cancel Notice of Claim of Lien Overview
Cancelling a Recorded Lien in Arizona
When a recorded claim of lien is satisfied, the claimant must cancel it within 20 days. AZ REV. STAT. 33-1006(A). Additionally, if a lien prohibited under 33-1002 (against the dwelling of an owner-occupant) has been recorded, the claimant must release than lien within 20 days of a request made by the owner-occupant. AZ REV. STAT. 33-1006(B). Finally, there is a penalty for failure to release the lien within the proper time. Failure to grant a lien release will subject the lienholder to liability of one thousand dollars as well as for actual damages caused by not releasing the lien. AZ REV. STAT. 33-1006(C).
The lien release form is a simple document that identifies the claimant's name and address, description of the property, county, and recording details of the lien (book and page number). By recording the lien cancellation, the county recorder will cancel the previously recorded mechanic's lien.
This article is provided for informational purposes and should not be relied on as a substitute for the advice of an attorney. If you have any questions about cancelling a mechanic's lien, please contact an Arizona attorney.