Document background
The Notice of Claim of Lien is a crucial document in the Indian construction and property development industry, designed to protect the rights of contractors, subcontractors, and material suppliers who have contributed to the improvement of real property. This document becomes necessary when payment for services or materials remains outstanding, allowing the claimant to secure their right to payment by creating an encumbrance on the property. The notice must be filed in accordance with Indian legislation, particularly the Transfer of Property Act, 1882, and the Registration Act, 1908. It requires specific information including the claimant's details, property description, amount claimed, and basis of the claim. The document serves as both a formal notification to the property owner and a public record of the claim, potentially affecting the property's title and transferability until the claim is resolved.
