Notice to lienholder to commence suit; voiding common law lien
Sec. 6. (a) A property owner may send to the lienholder a notice
requiring the lienholder to commence suit on the common law lien.
The notice to commence suit must be made by registered or certified
mail to the lienholder at the address given in the lienholder's
statement filed under section 5 of this chapter.
(b) If the lienholder fails to commence suit within thirty (30) days
after receiving the notice to commence suit, the common law lien is
void. To release the common law lien from the property, the property
owner must comply with the requirements of section 7 of this
chapter.
As added by P.L.2-2002, SEC.13.
Last modified: May 24, 2006