Subcontractor states preliminary notice is affecting their ability to be funded by the bank. They have asked us to retract preliminary and once funding is approved, we can re-instate....Read More
We are the subcontractor on 2 residential projects. We did not file preliminary liens, as we have been paid on prior projects. We have completed our portion of the work in October and the contractor is refusing to pay. What is the next steps? Can we send preliminary lien for completed work? Then move to a full construction lien after 20 days....Read More
I have been managing the development improvements on a 13 unit project in Payson for over 2 years now. I was always told that I would receive $10,000 up front and the remaining management fee would be paid when the owner sold the improved lots. I have been paid $9500 to date and the owner now refuses to sign any kind of agreement for the rest when he sells the lots. The work is about 85% finished, and I suspect he's just been holding me off until the work is all done, and then not pay me anything more. I told him I will not do any further work on the project unless he either pays be the remaining management fee, or he signs an agreement that he will pay me when he sells the lots. He still refuses to pay me anything. What are my rights as far as filing a lien on the project for the remaining management fee? I am a licensed real estate agent. ...Read More
I'm not sure what i put for property name? is that the job site i will be doing ? or the company that will pay me for the job i will be doing for them? also invoice/ payment application number ?is that the number i got from the state for the waiver ...Read More
We have a supplier that has recently added a 5-7% shipping surcharge to all orders. We usually include those charges in the amount billed to our customer, and they agree to it up front. But if it comes down to a legal battle and a mechanics lien is filed, will the filing for surcharges hold up in court? Otherwise, it could potentially cost us thousands of unrecoverable dollars....Read More
If I purchase a home using hard money. My business loans me money for renovation costs. The intent for me to refinance with conventional funding on completion. Can my business file a lien on the property to assure reimbursement of the renovation loan at the time of refinancing?...Read More
My fence contractor began work back in the beginning of May. They never filed a Preliminary Notice. Their work is terrible and while they have now completed the job yesterday (8/19/2021) to the best of their ability though not perfect, the refuse to take less than full payment. They want to put a lien on my house for the balance of $1877 as I am willing to still give $1877 additional to the $3755 owed. I am also the leasee of the property owned by a trust where I am the beneficiary, but not the trustee. Can they put a lien this late or take any action against me for non full payment? Thanks!...Read More
Is this the new-norm? I have a new client that installs Solar. In a typical construction company material/equipment is recognized as an expense (COGS) when purchased.
Though, with this financier, they are purchasing and delivering materials to customer job-sites.
For true accounting, I wouldn't recognize the material/equipment expense on my financials. = TRUE or FALSE
...Read More
I’m a homeowner. There was a leak in my home and I contacted a mitigation company to assess the situation. They inspected the house and provided me an estimate. I ran the estimate by my insurance company for approval before giving the mitigation team the go ahead. I communicated with the mitigation company multiple times per day the entire time the air movers, etc were in place and have communicated several times since about their estimate for the repair work. I decided I would choose a different contractor for the repair work and called the mitigation company to pay my bill. It has tripled in amount. They didn’t run any changes or additions by me or my insurance adjuster for approval despite having many opportunities to do so. The insurance adjuster also says the new invoice is well outside industry standards, includes work that wasn’t done and advises me not to pay it. I am trying to pay the original amount, but if they don’t let me is it possible they can file a mechanic’s lien? I’m in Utah and the language in our laws is a bit vague concerning mitigation work from water damage....Read More
We provided and installed quartz, granite, and quartzite countertops, but we did NOT get a signed contract from the builder or the home owner.
Home owner is refusing to pay us the $25,600 he owes us because we did not finish the work as he wanted it done (when we DID do it as outline).
What are my rights?
We CAN prove we did the work (through our shop tracking software....Read More
I am a sub for some big companies. And this particular company hasn’t paid me for jobs perform. They claim that because when Job went bad they have been holding the money paid for other customers for a long time. I offered two months ago to go there and fix the job but they Heaven give me an answer for that. What should I do? The customers they paid for other jobs already paid the other contractors and they don’t pay me for the jobs. Can I tell them that I will put a mechanic lien on the clients house if they don’t pay me for the jobs performed? They have a policy of 15 days payment after the job is completed or two days after the customer pays however the customer one of the customers already paid and they don’t wanna pay me because they always come up with his excuse of this other job they already even offered my insurance to cover the expenses....Read More
I'm a subcontractor and our previous accountant skipped Pay Application #2, so the order went from #1-#3 and stayed in ascending order after #3. The GC is also the owner and now denying payment request due to the ordering error. Does this affect our ability to proceed with filing a lien?...Read More