Mechanics liens are powerful instruments to induce payment on construction projects. There are many reasons this is so, but perhaps the most attention grabbing (at least for the owner of the improved property) is that the property may be sold…Read More
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All mechanics liens expire and are extinguished at some point, but when exactly is that date, and how is it calculated? The infographic below is a quick guide and provides some down-and-dirty info.
Bear in mind, though, that lien enforcement deadlines are strict, strictly determined, and very, very important. While this…Read More
The enforcement of a mechanics lien requires filing an enforcement action (foreclosure) in court. In a successful lien enforcement action, the property will be sold, and the proceeds of the sale will be used to pay the creditors.
Earlier this month attorney Bill Fig published an article in the Oregon Daily Journal of Commerce titled “The downside of construction liens.” In it, he argued that industry participants “do not fully understand the ‘foreclosure piece’ of the lien process” and…Read More
At the end of last year we wrote about a new law passed in Louisiana affecting the state’s Private Works Act. That law was scheduled to take effect on August 1, 2013, which means that the law goes into effect today.
If you’ve ever looked at Zlien’s state-by-state resource page, you’ll see that each state has deadlines that must be complied with. One deadline common to every state is the time in which a party must sue to foreclose on…Read More
Complying with timing requirements is crucial to mechanics lien claims, but, as we’ve mentioned before, calculating these deadlines can sometimes be difficult. This is especially true in states with more than one date that must be…Read More
One of the most basic features of a mechanics lien is that it enables unpaid contractors and subcontractors to get the money they are owed for furnishing labor and/or materials…Read More
Do you have mechanics lien rights? This is a very complex question in any state as all lien legislation is riddled with gray areas and legal rule exceptions. The California legislature just finished two years of amendments to the state’s mechanics lien laws…Read More
With the recent lien law changes, (that we have discussed in previous posts) the number of proper parties to a North Carolina lien enforcement action is not as many as it used to be. This change to…Read More