Information Lien Risk 
Levelset
JULY 5, 2022
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?
Autodesk Construction Cloud
SEPTEMBER 13, 2022
So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.
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Building Radar
AUGUST 8, 2024
A mechanic’s lien is a legal claim against a property for unpaid work or materials provided during construction or renovation. Understanding how mechanic’s liens work, including your rights and obligations, is crucial for anyone involved in construction projects, whether you’re a contractor, subcontractor, or property owner.
Levelset
OCTOBER 31, 2024
One of the most effective ways to secure that payment is by filing a construction lien. Filing a proper lien claim requires accurate information. Ultimately, Marjam claimed they were unpaid for the equipment and materials provided, so they filed a construction lien on the vacant lot for $136,180,02.
Levelset
MAY 4, 2022
However, smaller construction businesses are much less likely to prequalify their customers than larger businesses — and that could increase the risk of slow payment. Get information about their credit history. A preliminary notice informs property owners that a contractor, supplier, or equipment lessor is working on a project.
Levelset
OCTOBER 19, 2022
However, before starting work on a building financed with a construction-to-permanent loan, both property owners and contractors need to understand the risks. Contractor risks with a construction-to-permanent loan. There are common risks that are prevalent in every construction loan program. Failing to protect lien rights.
Construction Lawyer
MARCH 13, 2012
The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. In other words, you use the stuff we post here at your own risk. LEXIS 153 (2nd Dist.,
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