Utah Statutes

§ 38-1a-803 — Cancellation of preconstruction or construction lien -- Penalty for failure to cancel timely.

Utah·Title 38 Liens·Ch. 38-1a Preconstruction and Construction Liens·Part 38-1a-8 Actions Affecting Preconstruction and Construction Liens
(1)After the full amount owing under a preconstruction or construction lien, including costs and cancellation fees, has been paid, a person interested in the property that is the subject of the lien may request the claimant to submit for recording with the office of each applicable county recorder a cancellation of the lien.
(2)Within 10 days after receiving a request under Subsection (1), the claimant shall submit to the office of each applicable county recorder a cancellation of the preconstruction or construction lien, as applicable.
(3)A claimant who fails to submit a cancellation within the time prescribed in Subsection (2) is liable to the person who requested the cancellation for $100 for each day after the time prescribed in Subsection (2) that the cancellation is not submitted,

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Utah § 38-1a-803 (Cancellation of preconstruction or construction lien -- Penalty for failure to cancel timely.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Enacted by Chapter 278, 2012 General Session

Nearby Sections

15
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