Nebraska Mechanic's Lien Release Bond (Lien Discharge Bond ~ Nebraska)

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Bond Penalty: Lien amount + fifteen percent of lien

A Nebraska mechanic's lien release bond is a helpful mechanism that facilitates the immediate removal of a lien placed on a parcel of real property by a contractor or material supplier. Nevada Revised Statute (NRS 52-142) addresses the lien discharge surety bond, bond penalty and filing requirements. Per Sec. (1), "Any person having an interest in a liened parcel of real estate may release that property from liens which have attached to it by surety bond.

The lienee or interested party must file the Nebraska lien discharge bond in the office of the clerk of the district court of the county in which the lien is recorded. The bond must be issued by a surety company authorized to do business in Nebraska and in an amount sufficient to pay the total amount(s) claimed in the liens being plus fifteen percent (15%) of that same total. Filing the surety bond does NOT dispose of the underlying controversy. Per the statutory subsection;

(3) Upon release of the real estate from a lien under this section, the claimant's rights are transferred from the real estate to the deposit or surety bond and the claimant may establish his or her claim under sections 52-125 to 52-159, and upon determination of the claim the court shall order the clerk of the district court to pay the sums due or render judgment against the surety company on the bond, as the case may be.

Nebraska surety bond leader, Surety One, Inc. is THE most agile underwriter of lien discharge bonds. Our expertise in manuscripting bond forms acceptable to the superior court registry, same day bond execution and and authenticated delivery are unmatched. We underwrite mechanic's lien release bonds in all fifty states, Puerto Rico and U.S. Virgin Islands. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat for application materials and assistance with your Nebraska mechanic's lien release bond or any other surety need.

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Additional Attachments

  • Copy of lien