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Illinois Mechanics Lien Law: New Law Expands Protection

In a landmark case decided in February of 2011, LaSalle Bank National Association v. Cypress Creek 1, the Illinois Supreme Court took a major step towards limiting the rights of mechanics lien claimants, by changing their lien priority.  The Paid Blog addressed this case when the ruling was issued and then followed-up when a new law […]

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Oregon Mechanics Liens: Segregate Labor and Materials In The Claim

Each state is unique in the priority it affords to mechanics lien claims. In Oregon, mechanics lien claimants can have super-priority even over mortgages on lenders, or not. This depends on whether you notified the mortgagee and/or whether you filed your lien carefully enough. Notify  The Mortgagee, Get Priority Oregon mechanics lien claims have priority over […]

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Mechanics Lien – Is it like a Mortgage? Yes and No.

In most states, contractors and suppliers can file “Mechanics Liens,” whereby they acquire a privilege against the construction jobsite’s property.    The liens usually work like a mortgage on the property, such that it must be satisfied before a property is sold, transferred or refinanced. While liens act a lot like mortgages, they certainly are not […]

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