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Mechanics Lien School

6 Days to Mastering Mechanics Liens – Day 1: Understanding the Basics

Day One: Understanding the Mechanics Lien Lifecycle Whether you are a mechanics lien veteran, or just getting started, navigating lien laws across the country can be a mess. Having a general knowledge of mechanics lien basics – what liens are, why they exist, and how they work — provides a strong foundation to mastering mechanics liens, […]

Pay If Paid Clauses in California

Credit Application Series: Person v. Business Credit Check

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Cash Management RSS

5 technologies that will help you increase cash flow

CFM Review: 5 Technologies to Increase Cash Flow

Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only about financial topics, but about business, technology, and life, that challenges you to think about your role as a CFM in different ways. We’d love […]

Spring is Here: 3 Ways Contractors Can Take on More Work With Little Cash

What the Billtrust + zlien Partnership Means To You

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Common Mistakes RSS

Mechanics Lien Mistakes

These Common Mistakes Can Invalidate Your Mechanics Lien

Parties in the construction industry who are unpaid after furnishing labor and/or materials to a project are generally able to secure payment through the use of a mechanics lien. There are many reasons why mechanics liens are the most formidable tool in the construction industry to virtually guarantee payment, but in order for the lien […]

Don’t Miss Your Lien Deadline By Waiting Until the Last Minute to File

3 Lien Waiver Mistakes That Can Burn Your Company

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Credit Management RSS

Late afternoon sun touched Seattle city skyline.

2015 CRF Forum & EXPO: Everything You Need to Know

On August 10, some of the biggest names in the credit industry are descending upon Seattle for the annual Credit Research Foundation Forum & Expo. If you are a credit executive and you’re looking to network with other high-level managers in the credit industry, then you are likely already familiar with the event. If this is news […]

Cloud Technology Can Give Lien & Notice Functionality To Your ERP or Accounting Platform

10 Things to Consider When Writing A Credit Policy

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FAQs RSS

questions-liens

The Project Completion Date: When It Matters And How You’ll Know

It’s very common that we get questions about project completion dates and its effect on a party’s mechanics lien or bond claim rights. This is an important and tricky topic, and unfortunately, there aren’t very many answers. In fact, I spent 6 months last year digging into California county records to locate a solution to […]

Arizona Mechanics Lien Law: Preliminary Notices -The Basics

Stop Notice: What Is It?

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Lien Law Alerts RSS

Mississippi Lien Law Change

Rhode Island Amendment Gives Contractors Preliminary Notice Options

  Notice deadlines can cause headaches for parties in the construction industry. Since the deadlines often have significant consequences for mechanics lien rights, or rights/obligations related to others’ mechanics liens, they should be paid attention to and marked in your calendar in red ink. While many states do not require preliminary notice be given by general […]

Washington Court: Mechanics Lien Priority Over Lender, Despite Contract Amendments

Arizona Amends To Give Design Professionals Prompt Payment Protection

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Mechanics Lien RSS

Getting your Mechanics Lien E-Recorded Successfully

Getting your Mechanics Lien E-Recorded Successfully

We’ve discussed at length the benefits and limitations of e-recording services for your mechanics lien, and concluded that electronic filing is generally a massive benefit for the claimant when it is available. E-Recording allows for a much quicker turn-around time for filing documents, and provides the ease of being notified almost instantly if your document has […]

Ohio Courts Allows Enforcement Of Full Balance Of Mechanics Lien On One Lot

How to Ask County Recorders the Best Questions (Without Getting Frustrated)

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Scenarios RSS

Utah Improvements

Utah Court’s Definition of “Improvement” Is Poor, Should Be Reconsidered

Questions regarding a mechanics lien’s, or potential mechanics lien’s, validity are some of the most important questions considered by lien claimants. While there are many reasons that may cause a mechanics lien claim to be invalid, the most fundamental is whether or not the work performed is of a type granted mechanics lien protection – whether […]

Super Bowl Turf Installers Filed A Mechanics Lien: 3 Things This Teaches Contractors Everywhere

Decorative Holiday Lighting and Mechanics Liens

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Viewpoints RSS

mechanics lien changes 2015

Mechanics Lien Law 2015: A Trend Toward Fairness

2014 was a busy year for mechanics lien law, with significant changes either enacted or contemplated in a large number of states. Changes ranged from providing a more clear definition of what constitutes the “commencement” of an improvement in Nevada, to the creation of an entirely new-from-the-ground-up mechanics lien law scheme in Mississippi. So far […]

Virginia’s New Lien Waiver Law Makes Payment More Fair

Louisiana Lessors Have Disparate Burden To Use Lien Rights

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Working Capital RSS

How to make prompt payment claims

How To Make A Claim Under Prompt Payment Laws

The construction industry frequently sees big, well-funded organizations contracting with smaller, capital-needy companies, and it’s no secret that subcontractors must navigate substantial working capital challenges.  For this reason, the construction industry has well-established “prompt payment laws” in place to protect contractors and suppliers against slow and delayed payments. If a payment is tardy, contractors and […]

B2B Receivables and Collections Benchmarking Offers Lessons To Construction Industry Finance Professionals

Take Control of Cash Flow With This CFMA Webinar

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