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.
In Maryland and elsewhere, a mechanic’s lien safeguards a contractor’s entitlement to payment on a private project. It is a statutory device that, if properly pursued, provides a contractor a security ...
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 ...
Liens are legal claims on property that are often placed by creditors or government agencies to secure property taxes, contractor fees and other unpaid debts. Common types include tax, judgment, ...
For years, Colorado property owners, as well as banks and other lenders that had deeds of trust (mortgages) on real estate, paid off or settled with subcontractors and suppliers who claimed mechanic’s ...
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 ...
In Colorado there are two types of mechanic’s liens, and understanding the difference between them is critical for both owners and contractors. One type provides for mechanic’s lien remedies to those ...
Even though mechanics liens have been around in this country for about as long as construction itself, there’s still a great deal of confusion in the industry about how liens actually work. Case in ...
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