House Bill 886 Summary

• Amends Section 85-7-405 to require filing of a lis pendens notice within 30 days after commencement of a payment action to enforce a lien (reduced from 180 days).

• Makes failure to file the lis pendens notice within the 30-day deadline grounds for invalidating the entire lien claim.

• Brings forward Sections 85-7-419 and 85-7-433 relating to lien waivers, releases, and affidavits of nonpayment for possible amendment.

• Establishes statutory forms for interim waivers, final payment waivers, affidavits of nonpayment, notice of contest of lien, and pre-lien notices to owners.

• Takes effect retroactively from the original date of passage of the title being amended.