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 ...
A new law will soon change mechanics liens – one way contractors can demand payment from property owners. We asked attorney James Wakefield, managing partner at Cummins & White in Newport Beach, for ...
Furnishing labor or materials on a construction project can be risky. What if payment is delayed or disputed? Or worse — what if you don’t get paid at all? This can be especially complicated on large ...
In my experience as a Colorado construction law attorney, few things are as misunderstand in construction disputes as mechanic’s liens. In principal, a mechanic’s lien is simple: A contractor or ...
ALTHOUGH MECHANIC’S liens are creatures of state laws, and no two laws (or state court systems) interpret them exactly the same way, some issues do come up frequently — but aren’t always explained to ...
Construction financing typically involves complex projects, with many moving parts and different parties. Oftentimes, construction loans contemplate multiple advances or disbursals at various stages ...
A new law is supposed to protect homeowners from so-called mechanic's liens -- lawsuits filed by a supplier or subcontractor who is not paid by the main contractor.But the new law did not keep Joe and ...
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 ...
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