38-1a-601. Notice of construction loan. (1) After recording a mortgage or trust deed securing a construction loan on a private project, the construction lender on the loan shall promptly, in conjunction with the closing of the construction loan, file with the registry a notice of construction loan. (2) A notice under Subsection (1) shall accurately […]
38-1a-602. Notice concerning construction loan default. (1) Within five business days after a notice of default is filed for recording under Section 57-1-24 with respect to a trust deed on the project property securing a construction loan, the construction lender under the loan shall file a notice with the registry. (2) A notice under Subsection […]
Effective 1/1/2020 38-1a-603. Notice of intent to finance. (1) An owner may file with the registry a notice of intent to finance. (2) A notice of intent to finance under Subsection (1) shall state: (a) the anticipated date on which financing will occur; (b) the anticipated lender’s name, address, and telephone number; (c) the name […]
Effective 1/1/2020 38-1a-604. Notice of final lien waiver. (1) After a notice of intent to finance is filed under Section 38-1a-603 on a project property, each subcontractor that has filed a preliminary notice pertaining to the project property may file with the registry a final lien waiver. (2) The final lien waiver described in Subsection […]
