Mechanics lien is a boon in the construction industryby Alan M. Cohen LLC Debt Collection Lawyer in Boston
A mechanics lien is a popular lien in the construction industry and is placed on the property by contractors, suppliers and subcontractors. When this lien is in effect, it ensures that contractors, subcontractors and suppliers in the construction process will get paid for the services or the supplies provided. This legal right allows the claimant to collect owned money.
It is obvious mechanics lien is beneficial to contractors, suppliers or anyone else who has worked on the premises. It assures the claimant that they will be paid by the homeowners. Also, the homeowners get benefitted. This lien allows the construction projects to proceed without any hindrance. The procedure to file this lien is a bit confusing but taking help of a professional attorney having experience of mechanics lien and judgment enforcement is a great step. The first step in filing the lien is preparing a notice to the owner. You should file it only when you know that you are eligible to file it. The notice to the owner is a form that ascertains the right of a potential lienor to file a claim of a lien.
Obtaining the assistance of an attorney to help you in the filing process is a great step. The legal expert will help you from the beginning till the end. At any point if you have any doubt; your attorney will be there to help you out.
Created on Dec 29th 2017 03:42. Viewed 109 times.