Blog
A Constant Stream of Helpful Content on Getting Paid in Construction
Mechanics Liens for Materials Suppliers: 8 Things to Keep in Mind
When payment issues arise, material suppliers can file mechanics liens. However, there are several rules that are unique to suppliers compared to the more commonly tackled procedures for contractors. When payment issues arise, material suppliers can file mechanics liens to get paid. A mechanics lien allows a material supplier to have a security claim over […]
Read more
Bonding Off a Mechanics Lien in Illinois
“Bonding off” a mechanics lien refers to the practice of having a mechanics lien claim removed from a property’s records as long as it is replaced with a valid surety bond. This means that construction parties who hold a lien claim over a property will have to recover payment not through the foreclosure sale of the property but through a bond claim.
Read more
How to File a Preliminary Notice in Texas
In almost all states, securing your lien rights begins with serving a preliminary notice. A preliminary notice notifies the property owner of your participation in a project and it informs them that you are willing to exercise your lien rights in the event that you do not get paid for your work. Quick linksFiling a […]
Read more
How to Foreclose on a Mechanics Lien
The mechanics lien is arguably the most effective tool for forcing property owners to settle their outstanding debts. Sometimes, however, property owners do not always easily pay up. If you do not get paid after recording a mechanics lien, you must look into filing a foreclosure lawsuit to recover the payment that you duly earned.
Read more
How Bonds Work in Construction
Construction bonds play a crucial role in government projects. Contractors, subcontractors, and material suppliers handle all the work for the government, and different types of construction bonds ensure that all stakeholders are protected.
Read more
How to File a New Mexico Mechanics Lien
This guide will help you go through these rules and regulations, from the important deadlines that you must meet, all the way to the common mistakes that most construction professionals make when filing a mechanics lien in New Mexico.
Read more
How to File a Mechanics Lien in Mississippi
This guide spells out all the important information that you must keep in mind when filing a mechanics lien in Mississippi. If you want to file your mechanics lien successfully, be sure to always keep track of the important deadlines and avoid committing the common mistakes that most construction participants make.
Read more
The Ins and Outs of Retainage in Construction
Retainage is a unique feature of construction. Unlike a mechanics lien, retainage is a controversial topic among construction participants. Not all contractors, subcontractors, and material suppliers are keen about retainage, although it remains to be widely used across all 50 states. This article will walk you through the basics of retainage in construction, what it seeks to do, and how it affects different construction stakeholders.
Read more
How to File a Mechanics Lien in Illinois
Illinois has its own rules and requirements regarding what counts as a valid mechanics lien, and failing to adhere to these rules could cost you your right to receive proper payment. This guide will walk you through the rules and regulations surrounding an Illinois mechanics lien, from protecting your lien rights to ensuring that you follow the best practices when recording a mechanics lien in the state.
Read more