A DC mechanics lien release bond is a legal mechanism through which a property owner may "bonding off" a lien placed by contractor. §40–303.16 DC Code presupposes a pending action by a lien claimant. "(a), In any suit to enforce a lien under the lien statute, the owner of a building and premises to which a lien may have attached may be allowed to file a written undertaking with one or more sureties, to be approved by the court in order to effect a lien discharge.
An "undertaking" is a surety bond and must be acceptable to the court, or by court clerk's delegated authority. Upon approval of the bond pursuant to law, the liened property is automatically released from the lien subject to specific notice provisions. The filer must afford the complainant no less than five (5) days notice of the defendant’s (lienee's) intention to apply to the court for bond approval. The surety bond is subject to any final decree of the court.
*The District of Columbia requires specific statutory language to be included in the lien release undertaking, and must be sworn to before a notary.
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