Fidelity National Title Insurance Company, NCS

– 25 – 1. This chart is to be used strictly as a guideline to facilitate mechanic’s lien inquiries. Parties using this resource should ensure they are independently confirming the information contained herein before relying on the same. WHO MAY CLAIM One who performs labor or furnishes material to construct, alter, or repair a structure or improvement on real property pursuant to a contract with/ written consent of owner, contractor, subcontractor, architect, or authorized agent. NOTE: Engineers, surveyors, and architects may have a mechanics’ lien ‘style’ lien with similar priorities under KY ST § 376.075. KY ST § 376.010 DEADLINE TO PERFECT Lien must be filed in the office of the county clerk within 6 months from the date the lien claimant provides the last materials or ceases work. KY ST § 376.080 BROKEN PRIORITY Lien date relates back to the time of commencement of the labor or furnishing of materials for which lien claimed. EXCEPTION: Mechanics’ lien will not have priority over a recorded mortgage for value and without notice of mechanics’ lien unless a statement of lien or statement per KY ST § 376.080 showing ML claimant has furnished or expects to furnish materials is recorded before the mortgage. Cardinal Kitchens, Inc. v. Home Supply Co., 467 S.W.2d 775, 776 (Ky. 1971) “Commencement” does not require visible component as architects/engineers can have liens for plans prepared. Perkins v. Daugherty, 722 S.W.2d 907 (Ky. Ct. App. 1987). Any contractor filings i.e. notice of commencement, notice to provide materials must be reviewed as they can prime a mechanic lien and have priority over subsequent deed/mortgage. KY ST § 376.010 Construction Draw Mortgages must be updated prior to all draws as Mechanic liens or notice of commencement can be filed prior to draw and may have priority over subsequent draws. DURATION OF LIEN Lien will be deemed dissolved unless an action is brought within 12 months from the day the lien is filed per KY ST § 376.080. KY ST § 376.090 CONTENTS OF LIEN (1) Sworn and subscribed statement; (2) amount due, with all just credits and set-offs; (3) description of the property sufficiently accurate to identify it; (4) the name of the owner; (5) whether the materials or labor furnished per contract with the owner, contractor, or subcontractor; and (5) name and address of the claimant (if the claimant is a corporation, the name and address of the corporation’s process agent). Strict Compliance is required. PBI Bank, Inc. v. Schnabel Found. Co., 392 S.W.3d 421, 423 (Ky. Ct. App. 2013) KY ST § 376.080 RESIDENTIAL MECHANICS’ LIEN AGENT Va Code 43-4.01 provides for the appointment of a mechanics’ lien agent (MLA) on a residential 1 or 2 family construction. The MLA must be appointed in writing, must accept in writing, and must be named on the building permit, with address and phone number. Written notices to the MLA must be sent by certified mail by any contractor or supplier that wishes to preserve their lien rights on a project. The MLA must provide notice upon request from any settlement agent of any notices it has received. BY STATE MECHANIC’S LIEN LAWS KENTUCKY KENTUCKY

RkJQdWJsaXNoZXIy ODI0NDE4