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…Read More
Common Mistakes ArticlesRSS feed for this section
It’s always a good idea to keep informed of lien deadlines and not wait until the last minute to file. Even though giving the property owner a bit more time to pay you, or to put pressure on the contractor…Read More
Getting paid on a construction project frequently requires you to execute a lien waiver, and for this reason, thousands and thousands of lien waivers are executed by companies across the country everyday. Unfortunately, however, the routine nature of these documents make…Read More
When unpaid for labor or materials furnished to a construction project, a mechanics lien can be the most effective collections remedy available to a company. In previous articles we’ve discussed why this: 17 Ways A Mechanics Lien Works To Get You Paid. The laws…Read More
what is a lien claimant to do when partial payment occurs after a mechanics lien has been filed?
What’s in a name? …Read More
Mechanics lien compliance should be a priority for any credit professional in the construction or distributing space. Many companies spend a healthy heap of money sending preliminary notices and protecting their lien rights, but they so rarely dedicate resources to making sure…Read More
We here at the Lien blog devote a lot of our time to writing about mechanics liens, and all the issues and laws surrounding them in each and every state. Another major area of interest, however,…Read More
Here on the Construction Finance Journal, we discuss good credit policy often because it is so integral to making profits in the construction industry. Lets face it, we are all in business to make profits. This post discusses…Read More
Short Answer: No.
Long Answer: This is a question we get a lot related to the California and Arizona preliminary notice requirements. Unfortunately, however, it’s all related to a misunderstanding of the “20% Rule.” The first misunderstanding is that the rule…Read More