Releasing a Notice of Right to Lien by Surety Bond in Nevada

The Release of Notice of Lien by Surety Bond is used to obtain the release of all prospective and existing lien rights of lien claimants related to a work of improvement. Under NRS 108.2415(2), to obtain such a release, the principal and a surety must execute and record a surety bond in an amount equal to 1.5 times the amount of the prime contract. So, for example, if the lien amount is for $1,000, bond must be posted for $1,500.

The surety bond release form must include: the title of court and cause of action (if a lawsuit has been filed), name and address of the principal (person giving the bond), the owner's name, and information about the prime contract including parties, amount, date executed, and a summary of the terms.

The principal must record the surety bond in the office of the county recorder in the county in which the property upon which the improvement is located, either before or after the commencement of an action to enforce the lien.

By properly completing and recording this document, the bond becomes a security substitute for any existing or prospective lien on the owner's property.

Contact an attorney with questions about mechanic's liens or surety bonds associated with them.

How to Use This Form

Select your county or independent city from the list above
Download the county or independent city-specific form
Fill in the required information
Have the document notarized if required
Record with your county or independent city recorder's office

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Other versions of this form

Discharge of Lien Release of Notice of Lien by Surety Bond

Compare with related Nevada forms

Mechanics Lien

Claim payment rights for qualifying construction labor or materials, including lien claims, amendments, assignments, and supporting enforcement documents.

Construction Notice 2 options

Preliminary, commencement, completion, furnishing, and other statutory notices used in the construction lien process.

Construction Lien Waiver 4 options

Waive mechanics lien rights in exchange for progress or final payment on construction work.

Important: County or Independent City-Specific Forms

Our release of prospective lien by surety bond forms are specifically formatted for each county or independent city in Nevada.

After selecting your county or independent city, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.

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