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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 When Paid and Pay If Paid Clauses in California

Credit Application Series: Person v. Business Credit Check

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Lien Policy

Lien Policy: Best Practices and Overview

Lien Strategy Before getting into the ins and outs of Lien Policy, and lien strategy, it’s important to note that filing a lien is only one step in the larger scheme of lien strategy as it relates to credit management and receivables policy. In fact, if the rest of a companies credit policy is working, most […]

Construction Financial Management: The Year In Review

Construction Technology: Automation Makes You More Money

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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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Lien Policy

How A/R and a Lien Policy Work Together

A thorough Lien Policy can form the backbone of a strategic A/R collection plan. Implementing a lien policy can reinvent a company’s receivables, which leads to less bad debt and fewer write-offs. Getting Paid in the Construction Industry Is Tough Getting Paid in construction industry is harder than in most other industries. There are many reasons for this […]

Step Out of the Dark Ages: Why to Use Technology in Lien Policy and Receivables Management

The Problem With Lien Waivers (and How Document Automation Can Help)

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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

Arizona Oner-Occupant Protection

Arizona Owner-Occupant Protection Clarified

Arizona provides some protections to owner-occupants not provided to other parties. Specifically, Arizona § 33-1002(B) provides that: No lien provided for in this article shall be allowed or recorded by the person claiming a lien against the dwelling of a person who became an owner-occupant prior to the construction, alteration, repair or improvement, except by a […]

South Carolina Notice of Furnishing Clarified

New California Notary Wording Means Changes for Lien Releases

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Mechanics Lien RSS

2014 lien law changes

The Year In Review: 2014 Lien Law Changes

Mechanics lien and bond claim laws are nearly constantly changing or being clarified. These changes and clarifications are brought about in many ways, including legislation and court cases. The Construction Finance Journal routinely provides updates to inform our readers of changes or potential changes to mechanics lien laws nation-wide. 2014 was an active year in […]

Five Things Everybody Should Know About Arizona Lien Law

Construction Finance Glossary

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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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Lien Law

You Need Outsourced Technology to Manage Receivables – Here Are Options

Technology is everywhere, both in business and in everyday life. It’s a pretty safe bet that if something can be made more efficient, or just easier, by employing technology it has either already happened, or there is someone working developing a solution. This is especially true for business practices. Business has been transformed by technology throughout […]

Credit Management Is Challenging in the Construction Industry

These 3 Risks Can Derail Your Construction Business

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Working Capital RSS

Benchmarking b2b Receivables in Construction Industry

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

In most cases, collecting on an invoice is not a problem, as a very high percentage of invoices are paid before they age past 90 days. Nevertheless, an entire industry of workers (i.e. credit managers) and vendors (credit monitoring, insurance, etc.) are dedicated to helping companies manage those instances when collecting an invoice is a […]

Take Control of Cash Flow With This CFMA Webinar

What National Payable Figures Mean To The Construction Industry

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