Phrases with «mechanic liens»

Mechanic liens are legal claims that can be placed on a property by contractors, subcontractors, or suppliers who have provided labor or materials for construction or repairs. These liens ensure that these individuals or businesses are paid for the work they've done, even if the property owner fails to make payment. Essentially, mechanic liens allow contractors to have some level of security and protection against non-payment. Full definition

Sentences with «mechanic liens»

  • These claims are known as mechanics liens in some parts of the country. (homeproinspectionsllc.com)
  • Her practice areas include employment law, business litigation, mortgage foreclosures, mechanics lien actions, bond claims, and construction disputes. (lcwlaw.com)
  • Following the completion of construction, the Builder filed for bankruptcy and the suppliers filed mechanics liens against the property, resulting in litigation between the Buyers and the suppliers. (nar.realtor)
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