Why Preliminary Notices Are Great For Property Owners & GCs
It's a well-known fact that payment in the construction industry can be slower than desired for many reasons, and one way that parties attempt to mitigate payment risk is through...
Get help with everything you need to know about construction payments.
It's a well-known fact that payment in the construction industry can be slower than desired for many reasons, and one way that parties attempt to mitigate payment risk is through...
While a civil cause of action for beneficiaries related to a trustees misapplication of funds is not specifically contemplated by the Act, such suits are allowed by Texas court decisions. However,...
Whether you’re new to the lien rights management process or a notice-sending black-belt, you know that you need to know the project type in order to protect your lien rights....
Mechanics lien laws are really state statutes created by each state's legislature, and most legislatures have noted that the protection afforded by mechanics liens should be broadly applied to the...
Keeping track of notice and lien deadlines throughout multiple projects in multiple states can be difficult, and in many cases it makes sense to enlist outside assistance in notice compliance....
The instruments available to secure money unpaid on construction projects are generally neatly broken down into two types: mechanics liens for private projects, and bond claims for public projects. This...
But on a public works project, a mechanics lien is not the applicable remedy for companies to help settle payment issues, and therefore, it's not uncommon for parties to be...
Depending on which phase of the construction process your business fits into, your accounts receivable may take a hit. Contractors dealing with structures and foundation are lucky: typically the first...
Notice of Furnishing is the term for preliminary notice in four states. Those states are Michigan, Ohio, South Carolina, South Dakota. Most parties who furnish labor and/or materials on construction...
Most states require that contractors, suppliers, and other participants on construction projects send some sort of preliminary notice in order to secure lien rights. In states with preliminary notice requirements,...
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