Mechanic Liens

6 12, 2016

4 Issues a Mechanic Liens Attorney Helps You Avoid

By |December 6th, 2016|Categories: blog, Аttorneys|Tags: |0 Comments

Liens are statutory rights to secure payment for work done on personal and real property. Now, this kind of security interest is automatically available to certain individuals who perform the statutory mandated requirements as they provide labor and/or materials as the result of a contract to do work on either real or personal property, if those individuals are: construction or material suppliers licensed contractors licensed subcontractors licensed design professionals It is generally called a mechanic's lien, or in Nevada a "Notice of Lien," and it requires a detailed process in order to secure mechanic's lien rights or prohibit them from causing problems to the owner of the property. A good Mechanic's Lien or Notice of Lien attorney can help you protect yourself, whether you are the owner, contractor, subcontractor, material supplier or design professional. Improving a property requires quality workers and suppliers who must be paid no matter what happens between the property owner and contractor. Basically, a mechanic's lien is a form of statutory payment warranty set up to benefit those who make improvements to property.  But whatever you do, all parties to a construction project have a vested interest to insure their own interests are considered in dealing with payments and mechanic's lien claims. Let's go through four of the issues you might encounter with this particular kind of construction claim as a property owner. 1. Paying Twice for a Project For a mechanic lien's attorney, it is a priority to make sure there are proper procedures in place throughout the entire construction process, which include a convenient and well documented payment schedule for all parties involved. After signing the contract, both owners and contractors must keep track of the conditional and final lien [...]