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MS SB2364
Bill
AI Summary
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Amends Section 85-7-433 of Mississippi Code to revise the "Notice of Contest of Lien" form to clarify timing requirements for filing and enforcement actions.
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Changes the timeframe for commencing a payment action to enforce a lien from 60 days to 90 days from receipt of the notice of contest.
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Requires filing of a lis pendens notice with the chancery clerk upon commencement of a payment action, with copies provided to the lien claimant, owner, and contractor.
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Clarifies that a lien will expire and become void if the lien claimant fails to both commence a payment action within 90 days of receiving the notice and file the required lis pendens notice.
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Takes effect July 1, 2015.
Legislative Description
Real property liens; clarify Notice of Contest of Lien form.
Last Action
Approved by Governor
3/17/2015