Section 44-14-362. Cancellation of preliminary notice upon final payment; form of cancellation

   (a) Upon final payment after all labor, services, or materials have been furnished, a person who has filed a preliminary notice of lien rights shall either deliver a cancellation of the preliminary notice of lien rights at the time of final payment or cause the notice to be canceled of record within ten days after final payment. Any person who fails to so cancel a preliminary notice shall be liable to the owner for all actual damages, costs, and reasonable attorney's fees incurred by the owner in having the preliminary notice canceled.

(b) The cancellation required under this Code section shall be in the following form:
 
   Clerk, Superior Court
 
   of                County
      You are authorized and directed to cancel of record the preliminary 
   notice of lien rights which we filed on the property owned by (state name 
   of owner) on (give date) and recorded by you in Book    , Page    , of 
   preliminary notices kept by you.
      This        day of             ,     .
                                                                               
                                                                  Lien claimant
                                                                    or attorney

Code 1981, § 44-14-362, enacted by Ga. L. 1983, p. 1450, § 1; Ga. L. 1999, p. 81, § 44.