Mechanic's liens are a basic security right created by either constitutional or statutory law. They do not exist as a matter of equity or common law, but are instead legislative creatures.
Contrary to the old adage, a mechanics lien claimant that also has a contractual right to seek binding arbitration of disputes can have it both ways — provided they take action to preserve their ...
Mechanic’s lien claims are complex in that each state’s statutes differ dramatically. There are certain unique issues when a contractor seeks to commence a mechanic’s lien proceeding for improvements ...
A mechanic’s lien is a lien that arises when a construction professional performs work on another person’s property. This type of a lien provides the construction professional with a security interest ...
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The Mechanics Lien statutory scheme, 49 P.S. Section 1101, et seq., inter alia, sets forth time limits on when a lien can be filed after the last work is performed on real estate, the timing of ...
This article originally appeared in the December 2023 issue of Security Business magazine. When sharing, don’t forget to mention Security Business magazine on LinkedIn and @SecBusinessMag on Twitter.
Contrary to what you might expect, a mechanic’s lien has nothing to do with automobiles.Although people who work on automobiles and don’t get paid are entitled to a lien on a vehicle they have ...
The Colorado mechanics’ lien statute was enacted in 1899, and has remained relatively unchanged since. The purpose of the law is to protect contractors who supply labor, materials, or services during ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...