Understanding Retainage
While the concept is no mystery to those who participate in the construction industry. The means by which you protect these job related accounts receivables can be a little tricky. Lets take…
Are you protected by the Lien Laws? – part four
Once you have wrapped your mind around the first three parts of this series on mechanics liens, it will be time to bring it down to the primary concern: "How Much"…
Are you protected by the Lien Laws? – part three
So we have covered: Real Property, Work of Improvement, and Eligibility in the first two parts of this series. These are all critical to understanding mechanics liens in almost every state.…
Are you protected by the Lien Laws? – part two
From Part 1 of this series we learned that you must wrap your head around two basic concepts: Real Property and Work of Improvement. If you may still be unsure of these,…
Bonding around a Mechanics Lien – Let ’em do it!
Some clients get all concerned when their customer or customer’s customer threatens to bond around their mechanics lien. Not quite sure what all the fuss is about. When someone choses…
Are you protected by the Lien Laws? – part one
First answer this question: Did I provide materials, services, equipment or labor to a "Work of Improvement" on REAL PROPERTY? This questions begs for a basic understanding as to…
Proprietary Release Forms
When using the Mechanics Lien Laws one must be concerned about the method or form they use to “Release their RIGHT to a Lien”. Many states have adopted PROPRIETARY LANGUAGE…
A Right to Lien
So let’s start this discussion by clearing away some common misconceptions about the purpose of the Mechanics Lien. Key Takeaways Qualification Criteria: To have a right to lien, your work…
Mechanics Liens – What to avoid
To begin, we need to understand that filing a “Mechanics Lien”, while being a necessary step in the recovery of your unpaid accounts receivables, is not an end in itself.…
Preliminary Notices – What to avoid
If you want to use the LAWS that are created to protect your lien rights, you must adhere to some very basic principles. When talking about the laws and wanting…