I Had you guys file a mechanic lien in Kentucky for me I put what the past due balance that is owed. Should I have put the full contracted total instead?
1 reply
May 19, 2020
No. Under Kentucky mechanics lien laws, the amount stated in the Claim of Lien should be the amount unpaid/past due balance. You can find this under §376.080(1), where it states that the lien statement should include the amount due... with all just credits and set-offs known to him.
Using the full contract price if partial payments have been made, or overstating the amount due, can invalidate the lien and make the claimant potentially liable for filing a fraudulent lien claim.