Wisconsin Statutes 779.91 – Discharge of lien
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Terms Used In Wisconsin Statutes 779.91
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
(1) A prepaid maintenance lien is discharged by:
(a) Returning the amount of the prepayment to the customer who made the prepayment;
(b) The expiration of the time period for the performance of all contract or other obligations secured by the prepayment; or
(c) Lapse of the right to maintain an action.
(2) Upon discharge of a prepaid maintenance lien, any customer who filed the lien as permitted in s. 779.89 is subject to the requirements of s. 409.513.