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Project Research Matters: Lessons From a Recent New Jersey Lien Case

Levelset

One of the most effective ways to secure that payment is by filing a construction lien. Filing a proper lien claim requires accurate information. Marjam Supply Company, highlights the importance of getting the project details correct before filing a claim. stating that the lien was invalid.

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The Consequences of Overstating Claims Under Colorado’s Public Works Act

Levelset

A recent Colorado Court of Appeals decision offers essential guidance for subcontractors filing claims under the Colorado Public Works Act. The case clarifies what can and cannot be included in a verified statement of claim, particularly concerning delay damages, and highlights the severe consequences of filing an excessive claim.

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What is a ‘Mechanic’s Lien’: Understanding Your Rights and Obligations

Building Radar

A mechanic’s lien is a legal claim against a property for unpaid work or materials provided during construction or renovation. What is a Mechanic’s Lien? What is a Mechanic’s Lien? If the property owner fails to resolve the lien, the lienholder may seek foreclosure to recover the owed amount.

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Does a Lien Affect Your Credit Score?

Levelset

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

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Broad Form Lien Waivers No Longer Part of the Game in North Carolina

Best Practices Construction Law

And if you are a contractor or subcontractor in North Carolina, the law makers recently afforded you some additional protections to your lien rights. The law, effective March 1, 2022, states that a similar advanced or broad lien waiver as part of a progress payment is also not enforceable.

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Texas Homestead Lien Rules & Requirements

Levelset

Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.

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Is Filing a Lien or Bond Claim Risky?

Construction Equipment

When a construction company has difficulty getting paid, state laws allow it to file a bond claim or mechanics lien. Nate Budde, chief legal officer for zlien , discusses the importance of providing preliminary notice and the risks of filing the claim. Read Budde's advice on protecting your company from nonpayment here.

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