My family is planning to build a house. Our architect is preparing building permit applications and is asking us if we will be using a mechanic's lien agent.
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Nov 15, 2019
A mechanic's lien agent is one that on residential projects in particular gets notices of who is working at your project. They are typically used by lenders and title companies so that they can keep track of possible mechanic's lien claimants.
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Nov 15, 2019
Appointing a mechanics lien agent is an optional step that property owners can take on 1-2 family, residential projects to protect themselves from lien claims. A mechanics lien agent is typically a representative of a title insurance company, an agent of the construction lender, or a licensed Virginia attorney.
The purpose of a lien agent is to act on the owner's behalf to collect any notices from those providing labor or materials to the project, and handle any legalities that may arise from claims on the project. The lien agent's information should be contained and posted on the building permit, so that those working on the project know who and where to send their notices. This is meant to protect the owner from any unknown or hidden mechanics liens.
For more information visit our Virginia Mechanics Lien Overview & FAQS