HB451 Alabama 2014 Session
Bill Summary
Under existing law, a lien may be declared by certain persons who perform work on certain real or personal property.
This bill would provide for the priority of future advances made pursuant to a future advance mortgage over the liens of persons who perform work on real property when the mortgage is recorded prior to a notice of commencement.
This bill would provide that a mechanics' or materialman's lien would only apply to real property if it is recorded in the county where the property is situated and preceded by a notice of commencement.
This bill would provide the procedure for the termination of a notice of commencement by a contractor.
To amend Section 35-11-211, Code of Alabama 1975, relating to liens; to provide for the priority advances made pursuant to a future advance mortgage over liens created under this section; and to add Sections 35-11-210.01 and 35-11-210.02 to the Code of Alabama 1975, to require a notice of commencement be recorded in the county where the real property is situated as a condition to establishing priority of a mechanics' or materialmen's lien; and to provide the procedure for the termination of a notice of commencement by a contractor.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 20, 2014 | H | Engrossed |
| March 20, 2014 | H | Motion to Read a Third Time and Pass adopted Roll Call 960 |
| March 20, 2014 | H | Motion to Adopt adopted Roll Call 959 |
| March 20, 2014 | H | Financial Services first Substitute Offered |
| March 20, 2014 | H | Third Reading Passed |
| March 13, 2014 | H | Read for the second time and placed on the calendar with 1 substitute and |
| February 11, 2014 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB451 Alabama 2014 Session - Engrossed |
| Bill Text | HB451 Alabama 2014 Session - Introduced |
Source: Alabama Legislature