Tillman County Notice of Bond to Discharge Lien Forms (Oklahoma)

Form Package

Notice of Bond to Discharge Lien

State

Oklahoma

Area

Tillman County

Price

$27.97

Delivery

Immediate Download

Payment Information

Email:

Please provide a valid email.

First Name

Please provide a valid first name.

Last Name

Please provide a valid last name.

Credit Card Type Select Card Type Visa Mastercard American Express Discover

Credit Card Number

Please provide a valid card number.

Expiration Month Select Month 01 - January 02 - February 03 - March 04 - April 05 - May 06 - June 07 - July 08 - August 09 - September 10 - October 11 - November 12 - December

Expiration Year Select Year202420252026202720282029203020312032203320342035203620372038203920402041204220432044

Card Security Code

Please provide a valid security code.

Billing Zip Code

Please provide a valid billing zip code.

Phone Number:

I agree to the Terms of Use and I understand I am purchasing blank real estate deed forms and not a copy of my existing deed.

You must agree before submitting.

Place Order - Download

More info on getting a copy of your existing deed and eRecording.

Included Forms

All Tillman County specific forms and documents listed below are included in your immediate download package:

Included Supplemental Documents

The following Oklahoma and Tillman County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Notice of Bond to Discharge Lien Forms:

• Tillman County

Including:

• Davidson
• Frederick
• Grandfield
• Hollister
• Loveland
• Manitou
• Tipton

What is the Oklahoma Notice of Bond to Discharge Lien

Discharging an Oklahoma Lien by Posting Bond

Property owners feel a strong motivation to prevent and remove any liens from their land. Liens interfere with ownership interests and can interfere with obtaining refinancing, selling property, or using it as collateral for a loan. Therefore, in order to remove or prevent a lien from being placed on your land, owners may deposit a bond as security. The bond lets the lien claimant know that a lien won't be necessary because the bond is available if payment ever becomes an issue.

Any property owner or other interested party, including but not limited to mortgagees, contractors, subcontractors and others against whom a lien claim is filed under the provisions of the law relating to mechanics' and materialmen's liens, may at any time discharge the lien by depositing with the county clerk in whose office the lien claim has been filed either: an amount of money equal to one hundred twenty-five percent (125%) of the lien claim amount; or a corporate surety bond with a penal amount equal to one hundred twenty-five percent (125%) of the lien claim amount. O.S. 42-147.1.

Within three (3) business days after the deposit of money or bond is made, the county clerk must serve upon the lien claimant, at the address shown on the lien claim, written notice setting forth: (1) the assigned number of the lien claim; (2) the name of the lien claimant; (3) the name of the property owner; (4) the name of the alleged debtor, if someone other than the property owner; (5) the property description shown on the lien claim; and (6) the amount of cash deposited or, if a bond is filed, the names of the principal and surety and the bond penalty. Id.

The party seeking to discharge the lien must prepare and deliver the notice to the county clerk and pay the appropriate fee. Id. If cash is deposited, the county clerk must immediately show the lien released of record. Id. If a bond is deposited, the lien claimant will have ten (10) days after the notice is mailed within which to file a written objection with the county clerk and if a written objection is not timely filed, the county clerk shall immediately show the lien released of record. Id. If an objection is timely made, the county clerk will set a hearing within ten (10) days thereafter and notify by ordinary mail both the lien claimant and the party making the deposit of the date and time thereof. Id.

The only possible grounds for an objection include: (1) the surety is not authorized to transact business in this state; (2) the bond is not properly signed; (2) the penal amount is less than one hundred twenty-five percent (125%) of the claim; (3) the power of attorney of the surety's attorney-in-fact does not authorize the execution; (4) there is no power of attorney attached if the bond is executed by anyone other than the surety's president and attested by its secretary; or (5) a cease and desist order has been issued against the surety either by the Insurance Commissioner or a court of competent jurisdiction. Id.

Within two (2) business days following the hearing the county clerk will either sustain (grant) or overrule (deny) the objections and notify the parties of the county clerk's ruling by ordinary mail. Id. If the objections are granted, the ruling of the county clerk will be conclusive for lien release purposes unless appealed within ten (10) days to the district court. Id. If the objections are overruled, the county clerk shall immediately show the lien released of record. Id.

This article is provided for informational purposes only and should not be relied upon as a substitute for the advice of a legal professional. Please consult with an Oklahoma attorney with questions about mechanic's liens or discharging a lien by posting a bond.

Our Promise

The documents you receive here will meet, or exceed, the Tillman County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Tillman County Notice of Bond to Discharge Lien form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

Reviews

4.8 out of 5 (4321 Reviews)