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Mechanics lien rights for equipment rental

Missouri Makes It Easier For Equipment Renters To Protect Lien Rights

Missouri HB 427 and Senate Bill 357 “modif[ying] the law relating to mechanics’ liens for rental machinery and equipment” was signed into the law by the state’s governor on June 28, 2013, and is slated to take effect on August 28, 2013.  The changes are not substantial because parties in Missouri will have the same […]

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Louisiana’s Notice of Lease Tricks, Tips & Forms

Construction equipment leasing companies have a tough time in the mechanics lien world, regardless of where they are.  In some states, they don’t have any lien rights at all.  In other states, to qualify for lien rights, they must jump through hoops and distribute specialty notices. Louisiana has perhaps the most aggravating notice requirement for […]

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Renting Fences May Or May Not Qualify You To File A Mechanics Lien

On a walk with my family over the Memorial Day weekend I came across a construction project in the neighborhood, separated off from the street courtesy of a rental fence. The photograph made part of this post is the very fence I speak of. After some time, this project job site will be completed and […]

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How To Incorporate Lien Protection Into Your Credit Policy – For Material Suppliers and Equipment Rental Companies

To material suppliers and equipment lessors who ship thousands or millions of dollars of materials and equipment out on credit, credit policies are quite important.  One component of a credit policy too often overlooked in the construction industry is lien protection. When it comes to getting paid, filing a lien can be the most effective […]

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Equipment Lessors in Louisiana Have A Special “Notice of Lease” Requirement – Know It Or Else

I practice law in Louisiana, and I had another equipment rental company call my offices last week to discuss their options in collecting a debt for some leased equipment.  Whenever I’m contacted to help collect a debt, I immediately discuss the potential client’s lien rights.  Bar none, filing a mechanic’s lien is the absolute best […]

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ALERT: Mississippi Alters Lien Law to Welcome Rental Industry

The Mississippi lien statutes haven’t been significantly changed since 1918.   As change is the only constant in this world, on March 17, 2010, Mississippi Governor Haley Barbour signed SB 2800 into law, amending the lien laws to include rental and lease equipment and suppliers as a class of parties protected by the state’s statutory lien […]

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Lessors Beware: Notifying the Owner of Your Lease

You are in the business of leasing heavy equipment to contractors. You are beginning to provide more and more machinery to jobsites. You just hit your first snag with payment. What do you do? Chances are you are stuck in rough spot and have to defer to your contract for remedy. There is likely no […]

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