Certificate of satisfaction
Sec. 8. (a) When a common law lien recorded under this chapter
has been satisfied, the lienholder shall record a certificate of
satisfaction with the recorder of the county in which the statement of
intention to hold a common law lien was recorded. The certificate
must specify the record of the county recorder that contains the
statement of intention to hold a common law lien filed by the
lienholder under section 5 of this chapter.
(b) The certificate of satisfaction recorded under this section must
discharge and release the property owner from the common law lien
and bar all suits and actions on the lien.
(c) The recorder shall collect a fee for recording a certificate of
satisfaction under this section in accordance with the fee schedule
established in IC 36-2-7-10.
As added by P.L.2-2002, SEC.13.
Last modified: May 24, 2006