Material suppliers inhabit a tough spot in the construction payment landscape. A material supplier’s challenges to lien and bond claim compliance are numerous, and the financial risk is high. Since suppliers are at the bottom of the payment chain, there are many…Read More
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You may have noticed we’ve spent the past two weeks doing a pretty comprehensive series on material suppliers and the mechanic lien laws. Here’s a roundup of all those posts, which acts as a nice resource for material suppliers interested in learning more about their mechanic lien rights.Read More
This past month, I’ve run a series of posts here specifically addressing preliminary notice and mechanic lien issues encountered by those in the building material supply business (Read the Supplier Series). It was desperately needed here on the Construction Finance Journal, as we didn’t have a plethora of resources…Read More
Yesterday I published an article title “How Material Suppliers Prove Its Materials Were Incorporated Into the Property When Filing A Mechanics Lien.” Those lawyers out there, and especially construction lawyers, probably immediately know the answer here, and that’s the presumption created by most state laws. The presumption is this:…Read More
While mechanic lien laws are different from state-to-state, one constant among the laws is that a mechanic lien right only arises if your materials are incorporated into the property being liened.
I’ve talked about this in the past in some Scenario posts. Some of these posts address whether cleaning services,…Read More
I’ve read a lot of mechanic lien resources in my day, and most of the time, these online resources try to explain everything about the lien laws to the reader. Heck, this is the case even with our resources. But, you really don’t need to know everything. If you’re a…Read More
Here I present a short guide to material suppliers on creating a Mechanics Lien Policy for your company, ending with a sample policy for free download.
What Is A Credit Policy? A Mechanics Lien Policy?
According to businessdictionary.com,…Read More
In the mechanics lien law world, there are very few rules that are consistent state-to-state. That a material supplier to another material supplier is without mechanic lien rights, however, is an exception. Nearly every…Read More
Time and time again on this blog, I’ve said that if there is one lien law rule consistent from state to state, it’s that in order to qualify for a mechanics lien claim, the materials or labor you furnish must actually be…Read More
This is a question frequently asked by those in the material supply business. In fact, it’s a common practice by suppliers to worry about preliminary notices only when an account goes unpaid. This makes mechanic lien compliance remarkably easier, because the company need not worry about sending notices to owner…Read More