Levelset

MARCH 30, 2022

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.

Lien 52

Lien Texas Residential Claims 52

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. 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.

Lien 52

Lien Legal Security Risk 52

Wolgast Corporation

NOVEMBER 28, 2022

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. The lien laws protect people that supply the resources to build a building. By Brian Stadler, Wolgast President & CEO. Why should you care?

Lien 117

Lien Risk Contractors Banking 117

Constructonomics

MAY 2, 2014

Of course we fronted large amounts of money for labor and materials that we were now looking to finance because payment was not being made. File a Mechanic’s Lien (if you can). In Pennsylvania, the law states that you cannot file a lien on a purely public entity. However, they don’t want a lien on their building.

Lien 186

Lien Finance Deals Legal 186

Levelset

MARCH 12, 2025

Contractors operate with low profit margins as it is, so absorbing the increased cost of materials and labor is usually not an option. Protect your Lien Rights Protecting your lien rights is one of the most critical steps in protecting your right to payment for what has been delivered to a job site.

Risk 40

Risk Lien Construction Contract 40

Levelset

MARCH 24, 2022

Many Utah contractors are familiar with the construction lien process to secure payment for work or materials used in a building project. Utah actually gives them a similar payment tool, known as a preconstruction lien. However, the steps to claim one differ from the standard construction lien process. construction liens.

Lien 52

Lien Utah Claims Security 52

Levelset

APRIL 1, 2022

The variety of services they provide can create a lot of confusion around their right to file a mechanics lien if they don’t get paid. In an attempt to make things clearer, let’s look at what type of work restoration and remediation contractors can file a lien for — and what type of work is less likely to be protected.

Lien 52

Lien Contractors Inspections Consulting 52

Federal Construction Contracting Blog

APRIL 9, 2024

In this blog post, we will explore the intricate relationship between these two legal realms by diving into a primer on maritime liens. As you navigate these intertwined industries, understanding the nuances of maritime law, particularly maritime liens, becomes critical.

Lien 52

Lien Construction Debt Agreement 52

Constructlaw

FEBRUARY 28, 2024

The Superior Court of Pennsylvania concluded 2023 by issuing two opinions that clarify (1) the costs recoverable under the Lien Law and (2) the requirements for perfecting service of a lien claim. The trial court sustained the preliminary objections and dismissed the lien. First, in R.A. Greig Equipment Company v. Restoration v.

Lien 52

Lien Pennsylvania Claims Security 52

Best Practices Construction Law

AUGUST 24, 2012

He is the founder of Zlien.com , a national mechanics lien filing and compliance management service. Scott writes the Construction Lien Blog , which analyzes construction lien laws and regulations across the nation. Understand What Type of “Lien” Is Available. I hope you enjoy. + + + + + + + + + + + +.

Lien 48

Lien Claims Debt Florida 48

Construction Dive

APRIL 14, 2016

By Bruce Jervis State mechanic’s lien statutes invariably stipulate a deadline for filing a notice or statement of lien in the public records. The filing period starts to run on the last date a contractor or supplier furnished labor or materials to the project. If there was no timely filing, the property is clear.

Lien 48

Lien Materials Contractors 48

Help Everybody Everyday

APRIL 29, 2009

2009 is likely to be a year in which many construction liens are filed. These economic times will make mechanic’s liens, bonding and other proactive approaches to collection all the more important. However, you need to be careful in filing your liens, especially in Virginia. Kaled Naser, et. CL07-5431 (Va. Kaled Naser, et.

Lien 48

Lien Virginia Bankruptcy AGC 48

Construction Dive

FEBRUARY 13, 2013

By Bruce Jervis It is standard for construction contracts to require that each payment application include affidavits and lien waivers. A recent case out of Mississippi is an example.

Lien 48

Lien Subcontracting Mississippi Claims 48

Levelset

NOVEMBER 20, 2024

Colorado Verified Statement of Claims on Public Projects A Colorado Verified Statement of Claim (VSOC) ensures subcontractors and suppliers get paid for labor and/or materials provided to a public construction project. The claim must be signed under oath and only include amounts due for work or materials provided.

Claims 52

Claims Colorado Change Orders Lien 52

Levelset

MARCH 21, 2022

Meanwhile, you’re incurring expenses that drain your bank account, like purchasing materials and paying employees. Since most job costs will be incurred before you receive payment, it’s possible that you won’t have enough cash on hand to cover those expenses, like payroll and materials purchases. Protect your lien rights.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Lets Build

APRIL 6, 2022

It could also apply lower retainage rates to materials and higher ones to labour, helping cover upfront costs that have lower profit margins. Retainage and mechanic’s liens. As a contractor, you have a powerful tool you can use to collect payment that you’re owed – a mechanic’s lien. Retainage limits and deadlines.

Cash Flow 147

Cash Flow Lien Construction Negotiation 147

Construction Law Monitor

JUNE 17, 2014

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Work – Material Supplier Notice Requirement Statute. Public Bid Law.

Louisiana 58

Louisiana Materials Contract Lien 58

Best Practices Construction Law

SEPTEMBER 25, 2020

The owner-contractor agreement contains a “no damages for delay” clause; a clause requiring that all changes be in writing before work is performed; and a clause requiring partial lien waivers and releases with each periodic payment. The project involved the new construction of three buildings in Durham, North Carolina.

Compensation 97

Compensation Lien Claims North Carolina 97

Fieldwire

SEPTEMBER 5, 2023

With progress billing, contractors submit a new payment application before the deadline of each pay period for the work completed and materials purchased in that period. Conditional lien waivers : A lien waiver is a document that waives the signing party’s right to file a mechanics lien.

Lien 98

Lien AIA Documentation Change Orders 98

Fieldwire

AUGUST 14, 2023

Or it could mean that a different rate applies to labor and materials. This can help contractors cover up-front costs due for construction materials, where margins are lower. Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment.

Contractors 98

Contractors Cash Flow Lien Negotiation 98

NH Construction Law

OCTOBER 7, 2018

Suppose the contractor applied for and got a mechanic’s lien attachment on an ex parte basis in the full amount of his claims (unpaid balance, interest and anticipated attorneys’ fees). If the owner then files an objection to the lien and asks for a hearing, what will be grounds for the judge to reduce or eliminate the lien?

Lien 40

Lien Claims Contract New Hampshire 40

Construction Law Monitor

NOVEMBER 22, 2010

Lien periods are a funny thing. Regardless of the actual period of time available for lien filing, in order to figure out when the lien period ends….it’s In some state (like Washington ), the lien period starts when the claimant last furnishes labor and material to the project.

Lien 44

Lien Louisiana CA Foundation 44

NH Construction Law

FEBRUARY 29, 2020

The requirement in RSA 447:9 that a mechanic’s lien must be secured within 120 days of the lienor’s last furnishing of labor or materials has occasionally spawned disputes over what counts as that last day. ’ Work of that nature could be found not to be such as to extend the duration of plaintiff’s lien.”

Lien 40

Lien Contract New Hampshire Materials 40

Construction Lawyer

MARCH 13, 2012

illinois supplier denied mechanics lien. An Illinois appellate court has affirmed the trial court's summary judgment against a lumber company's mechanics lien. Hillside filed a counterclaim to foreclose its mechanics lien. March 13, 2012 in litigation , mechanics liens | Permalink. mechanics liens.

Lien 40

Lien Illinois AIA Chicago 40

NH Construction Law

MARCH 28, 2024

It is generally recognized by New Hampshire courts that “[f]ailure to comply with the specific statutory provisions of perfecting a mechanics lien is usually fatal,” Alex Builders & Sons, Inc. Danley , 161 N.H. 19, 23 (2010). Bostwick , 69 N.H. But rarely are such amounts updated in 30-day intervals.

Lien 40

Lien Accounting Claims New Hampshire 40

NH Construction Law

OCTOBER 9, 2019

RSA 447:9 and :10 provide that a mechanic’s lien must be secured through an attachment of the property improved within 120 days of the lienor’s last furnishing of labor or materials. I conclude that the 120-day deadline for an attachment to perfect a mechanic’s lien may be extended by agreement with the owner.

Lien 40

Lien Security Agreement Materials 40

HardHatChat

JULY 7, 2010

Money – To keep your construction budget in check once the project starts back up you should plan for the following: Secure construction materials so you don’t have to pay twice. Worst-case scenario, a vendor will have a lien on these items, so you don’t want them to leave your site unaccounted for. Shut off the water. Questions?

Commercial 166

Commercial Site Construction Safety 166

Levelset

OCTOBER 19, 2022

Without a contingency, unforeseen costs like material price increases may cause the project to go over budget, thereby blocking or delaying completion. . Incorporating a contingency reserve, like a construction allowance , into the loan is often used to reduce the impact of rising material costs. Failing to protect lien rights.

Contractors 98

Contractors Lien Finance Construction 98

Construction Marketing Ideas

FEBRUARY 13, 2016

The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Watch Out for Georgia’s Lien Waivers. Payment Bond Claims.

Georgia 48

Georgia Lien Contract Documentation 48

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Levelset

MAY 2, 2022

Contractors trying to grow their business and take on larger projects often struggle to manage their cash flow to purchase the materials they need. Many contractors use trade credit to delay paying for materials and keep more cash in their pockets. Most material suppliers aren’t going to spontaneously raise your credit limit.

Negotiation 52

Negotiation Materials Cash Flow Finance 52

Levelset

NOVEMBER 7, 2024

As one of the largest building materials suppliers in the U.S., Kodiak’s goal has always been to ensure their team has what they need to succeed, and Levelset’s lien and bond management tools, job radar, and risk management systems have allowed Kodiak to strengthen their payment processes.

Lien 40

Lien Resource Risk Management 40

Best Practices Construction Law

MARCH 20, 2018

Dickinson Elks Building, LLC , the court held a contractor was not entitled to recover for labor and materials during a time period when the contractor was unlicensed. The contractor later filed a lien for approximately $200,000. The trial court awarded the contractor its claim for damages, and the owner appealed.

North Dakota 75

North Dakota Contractors Lien Claims 75

Levelset

MAY 17, 2022

General contractors are the big winners in the construction payment space, as they are more likely to report getting paid on time than many other roles — including subcontractors, material suppliers, rental companies, and restoration contractors. But how well do GCs really fare when it comes to payment speed? The short answer: Much better.

Cash Flow 98

Cash Flow Construction Lien Contractors 98

Construction Law Monitor

JUNE 16, 2014

Over the past few years there has been a spike in public work and as these jobs reach completion contractors, subcontractors, equipment lessors, laborers and materials suppliers are forced to become well versed in the layout of the public bid law. Public Work – Material Supplier Notice Requirement Statute. Public Bid Law.

Louisiana 40

Louisiana Materials Contract Lien 40

Construction Law Monitor

SEPTEMBER 29, 2010

Send Your Notices To Protect Your Lien Rights. If you don’t deliver the proper notices, you may forfeit your lien rights…and filing a lien is one of the most important things you can do to get paid. You can use a construction notice and lien compliance manager like the LienPilot. File Your Lien On Time.

Lien 51

Lien Claims Management Construction 51

Construction Law Monitor

NOVEMBER 9, 2010

Duties include using, supplying or holding materials or tools, and cleaning work area and equipment…” What exactly is a “lesser skill?” Number Two: Lien and Notice Requirements. In some states, the law is construed in favor of the lien claimant and against all other parties.

Legal 71

Legal Lien US Contract 71