MECHANICS LIEN IS A LEGAL CLAIM THAT GETS YOU PAID FOR YOUR WORK

Suppose you are a construction contractor or a construction material supplier who supplies different types of construction materials. In most of the cases, you work hard and you are paid for your services or products. But what if you are not paid?  Though there can be many reasons for this, the law provides you an option to file a lien until you are paid. This line is called mechanics lien.

 A mechanics lien is a legal claim that a contractor, sub-contractor or a supplier can file against the title of a property if the claimant remains unpaid for work performed after a certain time period on a property.  It means if you are unpaid for the work provided on a property, you can file a document that will be attached to the title of the property. In case the property is sold, the mechanics lien against the title should be cleared first before paying the owner.

Many want to know whether this lien will work or not. Remember, a properly filed mechanics lien can freeze project funds, and prevent the property from being sold. The process of filing it differs from one state to another. So, it is important to know the guidelines for the specific place you are working.  It is a sensible step to take the assistance of a commercial debt collection attorney to help you file this lien. You will have an expert helping you with the entire process.

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Nov 3rd 2017 02:44. Viewed 562 times.

Share on APSense

Comments