In the legal mechanics of an Intent to Lien Notice (also known as Intelligence Notice, Notice of Intent to File a Mechanical Lien, notice of intent, NOI, or not paying notice) is a type of initial notice that warns property owners, contractors principal, and/or other party on the construction that a mechanical lien or bond claim will be filed unless payment overdue is made within a specified period of time.
Notice of Intent for Lien is formally required in nine states. In these countries, notice of intent should be sent before the submission of a mechanical lien claim. This requirement exists only for private projects, no notification of the terms of intent on state, federal, and other public works projects. The following circumstances require the delivery of Notice of Intent to Lien.
- Arkansas
- Colorado
- Connecticut
- Louisiana
- Missouri
- North Dakota
- Pennsylvania
- Wisconsin
- Wyoming
Submitting a Notice Intentions are often helpful though not necessary as it motivates the chain parties to make payments so as not to face a lien claim. Delayed payments on construction projects are often caused by lack of communication, so sending a Notice of Will and other preliminary notices may help alert higher parties about which payment chains work for them and for which they have not been paid.
Video Notice of Intent to Lien
References
Source of the article : Wikipedia
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