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Do I obtain a Bonding off on a Mechanic Lien.

ColoradoBonding Off LienMechanics Lien

Home Owner We are acting as a general on out home in Colo. We hired a electrical contactor. His bid was 15,000.00 I paid him a deposit of 8500.00. He know seeks another additional 3300.00 for the deposit which was not declared in his proposal stating that I needed to give in a total 11800.00. Also, he has billed us for work that was in his bid and has over charged us for time and material indicating that we owe him another 6,000.00. We have been trying to resolve the issue and he is unwilling to do so. He has filed a Lien on our property. How do we resolve this issuse . Would a bond be the likely way to resolve the issue with him. How do we get him to talk to us and resolve the matter? Thank you

1 reply

Jul 20, 2020
Bonding off a mechanics lien is certainly one option when a lien has been filed against your property. While bonding off the lien will remove the lien from the property title, it won't make the claim disappear. More on that here: Lien Release Bonds: Bonding Off a Mechanics Lien. The fastest and easiest way to have a lien released, though, is to have the lien claimant release their lien themselves. Generally, once a lien is filed, the claimant and property owner will try and negotiate an agreement to get the lien released - so that's often a natural next step. If there's still a full-on dispute about the matter, and if there isn't an immediate rush to have the lien removed from the property title, it might be worthwhile to first consult with a local Colorado construction attorney to have them review the matter. They can look at your circumstances, the lien, and other relevant documentation, then advise on how best to respond to the lien filing - whether that be challenging the lien, waiting the claimant out, bonding off the lien, or some other course of action. As a last and final note, this article should be useful to you: A Mechanics Lien Was Filed on My Property – What Do I Do Now? You can begin the search for the right attorney here: Find a Colorado Construction Lawyer.
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