Mechanics Lien Timing Issue
For the states of Illinois, Florida, Nevada and California, I was wondering when the clock (i.e. the 90 days from date of completion of work) starts to run when a conditional lien waiver is executed?
Say a contractor completes work for an owner. The owner doesn’t have the money to pay the contractor immediately but does not want liens recorded against his property. Therefore, the parties execute a conditional lien waiver saying the contractor will be paid x on February 15, 2020, which is 45 days after contractor completed its work.
If the contractor is not paid on February 15, 2020 as agreed upon pursuant to the conditional lien waiver, does this mean the 90 days from day of completion of work commences on February 15, 2020? Or does the contractor only have 45 days left to record a lien which started on January 1, 2020?