A lien (pronounced lean) is a legal right, claim, or interest in another person’s property that remains until a debt is paid or an obligation is fulfilled. For example, a lien may be placed on real property to secure a contractor’s claim for payment for work or materials provided to improve the property (a mechanic’s lien) or by a homeowners’ association to secure payment for unpaid dues or assessments against an individual homeowner.
There are many different types of liens related to real property and the laws regarding these liens may vary from state to state.
In Wyoming, a lien is a legal claim against property that ensures payment of a debt or fulfillment of an obligation. One common type of lien is the mechanic's lien, which contractors can use to secure payment for labor or materials provided for property improvements. To enforce a mechanic's lien in Wyoming, the contractor must file a statement of lien with the county clerk in the county where the property is located within 150 days after the last day of providing labor or materials. Another type of lien is the homeowners' association (HOA) lien, which can be placed on a property for unpaid association dues or assessments. Wyoming statutes outline specific procedures and timelines for filing and enforcing these liens. It's important to note that the effectiveness of a lien in securing a debt is contingent upon proper adherence to these legal procedures, including timely filing and, if necessary, initiating foreclosure proceedings to satisfy the lien.