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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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Mechanics Lien Infographic

Construction Law Monitor

The Construction Lien Blog (published by me!) yesterday posted a neat infographic focused on the mechanics lien. There are lots of infographics out there, but very few focused on legal issues. The infographic was inspired by awesome infographics used in other industries. Here it is:

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3 Legal Concepts That Are Counter-Intuitive…and Dangerous

Construction Law Monitor

Sometimes the best blog posts and legal articles are the simplest. Take, for example, a post from early October by Joshua Glazov on his Construction Law Today blog , where he simply cites a 1941 quote from US Supreme Court Justice Robert Jackson : The legal profession, like many another, tends to become over-professionalized.

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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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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

Liens Can Wreak Havoc on Funding. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of problems have always existed in the Construction industry, but in this economy the problems are far worse than ever before.

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The Lien Zone Podcast Provides Impactful, Easy to Digest Construction Legal Advice

Construction Junkie

Next up is The Lien Zone Podcast. Hosted by seasoned construction lawyer Alex Barthet, who is based in Florida, The Lien Zone Podcast is another one of our longest tenured shows to join our yearly competition. The Lien Zone podcasts have now become a standard part of our firm’s outreach and it has produced impressive results.

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

In a recent case, Wollaston Industries v. certifications and/or lien waivers) to the prime contractors to obtain payment. But the real lesson for contractors is to make sure the payment provisions expressly address the use of conditional and unconditional lien waivers. Ciccone d/b/a Ciccone Door Services, (U.S.D.C. Mass) (Dec.

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