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Step 1: Notice
Commercial
:
No requirement. NACM suggests serving notice 45 days from last furnishing to prompt payment.
Residential
:
Serve required “Notice of Lien Liability” as soon as possible on protected party, see
Speed Bumps
.
Step 2: Lien
File within
120 days
of last furnishing.
Step 3: Foreclosure
Within
2 years
of recording lien or within
30 days
of owner’s “Demand to Institute Judicial Proceedings”.