My Account Deeds.com Real Estate Deeds

Nevada Release of Prospective Lien by Surety Bond

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.

Deeds.com Nevada Release of Prospective Lien by Surety Bond Forms Have Been Updated as Recently as Monday April 22, 2019

4.7 out of 5 (470 Reviews)

What others like you are saying:


Altaray S. said: Really fast turn around time, and was provided exactly what I was looking for this time. This is my first experience with this site. It would have been cool to also get a document depicting/describing a property line, but like I said before, exactly what I was looking for this time.

Reply from Staff: Thank you so much for your feedback Altaray, we really appreciate it.


Robert S. said: Documents available immediately as advertised. Was easy to understand the guide and complete the deed form for notarization and filing for recording.

Reply from Staff: Thank you!


Daniel D. said: quick and easy

Reply from Staff: Thank you Daniel.


Robert J D. said: No feedback

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!


Kevin H. said: I was able to find the forms I needed and questions answered

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!


Ron D. said: No choice since the county does not seem to provide info you supplied.

Reply from Staff: Thank Ron, have a great day!


Nevada Release of Prospective Lien by Surety Bond Form