Karalynn Cromeens | The Cromeens Law Firm Did you know that your lien rights differ from state to state? It’s an important nuance to understand because filing an invalid lien can have a lot of implications. The consequences vary case by case, but a few things that could happen if you file an invalid lien… Continue reading What Are The 10 Lien Requirements?
Tag: Construction Lien
Contractors vs. Lenders – Who Has Lien Priority in Oregon?
Blake Robinson | Davis Wright Remaine When a construction project goes bad, there will often be more than one party looking for payment. The project owner might fail to pay both the contractor and the lender. If both the contractor and lender have liens, whose lien has priority? The short answer: it depends. The General… Continue reading Contractors vs. Lenders – Who Has Lien Priority in Oregon?
Construction Liens – What is a Lien Fund?
Paul Norris | Stark & Stark Although many contractors have never heard of the expression “lien fund” having an understanding as to what this phrase means is crucially important in the context of seeking payment pursuant to a construction lien. In general terms, a lien claimant is only entitled to payment from the project owner… Continue reading Construction Liens – What is a Lien Fund?
Liberating Property: Bonding Off Construction Liens in Michigan
Warner Norcross + Judd An owner hired a contractor to make improvements on real property, but the contractor failed to pay its subcontractors or suppliers. What happens next? Under Michigan’s Construction Lien Act, contractors, subcontractors, suppliers and laborers have a powerful tool to secure payment for their work through construction liens. Once a construction lien… Continue reading Liberating Property: Bonding Off Construction Liens in Michigan
Mastering Construction Liens: Strategies for Getting Paid (Part 1)
Taylor M. Hayes and J. Daniel Weidner | Koley Jessen Here is the situation: you are a contractor who entered into a contract to construct a building, you have performed your scope of work but you have not been paid what you are owed. You filed a construction lien on the property, but how does… Continue reading Mastering Construction Liens: Strategies for Getting Paid (Part 1)