§ 60.42.050. Deposit made pending resolution of amounts due -- Recording of receipt -- Release of notice of claim of lien
A notice of claim of lien against proceeds recorded under this chapter must be released without further act, upon the recording of a receipt showing the deposit with the superior court of the county in which the commercial real estate, or some part thereof, is located, of an amount equal to one and one-quarter times the amount of the lien claimed. The receipt shall be recorded in the office in which the notice of claim was recorded. The amount of the deposit in the superior court shall be held pending a resolution of amounts due to the broker and the owner.
[1997 c 315 § 6.]
Sections: Previous 60.42.005 60.42.010 60.42.020 60.42.030 60.42.040 60.42.050 60.42.060 60.42.070 60.42.900 60.42.901 NextLast modified: April 7, 2009