Monthly Archives: June 2013

Liens rise 40 percent in 2012

The number of liens claimed in Louisville, KY this past year have risen forty percent. In 2011, there were approximately 75 liens over $5000. And in 2012, there were 105 liens filed, a 40 percent rise. Recently, the amount of liens have been falling steadily, going from 260 in 2008, 180 in 2009, 95 in 2010 and plummeting to a mere 75 in 2011. This rise in liens means a rise in the construction industry, as we have been seeing nationwide. Unfortunately, rise in construction, means a rise in Kentucky construction liens.

West Virginia Mechanic’s Lien Guidelines

Liens filed on private property in West Virginia are known as mechanics’ liens . When a West Virginia mechanics lien if filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Contractors, subcontractors, sub-subcontractors and suppliers have West Virginia mechanics lien rights. Any person who, under a contract with a general contractor or a subcontractor for a part of the work, and who may furnish materials or other necessary supplies or equipment, shall have lien rights in the state of West Virginia. Architects, surveyors, engineers and landscape architects also have West Virginia mechanics lien rights. There are no pre-lien notice or preliminary notice requirements in the state of West Virginia. A West Virginia mechanics lien notice must be served upon an owner within 100 daysof the furnishing of the last materials, work or services. The 100 day time requirement applies to suppliers as well.

Lien Filed in West Virginia

This news article based in Weirton, West Virginia gives a valid description of the reasoning behind filing a Mechanic’s Lien. Kokosing Construction Co. had done work on the Weirton Port, however they were never paid for their labor. They filed the mechanics lien for $513,350, which is the balance due to them. Before they filed the lien though, they filed a notice of lien. This basically tells the owner, and contractor, and any lenders that they are planning on filing a lien, and soon, if they do not receive their payment. The lien is filed against Weirton Area Port Authority, and this lien is apparently not their only claim of non-payment the company. They were sued once before for the same thing.

New Walmart Superstore to Begin Construction

Once building permits are issued, a new Walmart superstore is set to begin building in Cochran, Wyoming. The store is going to be 183,000 square feet. This Walmart calls for almost 700 parking spaces, a large outdoor garden center, and a drive through pharmacy. There is a bit of work to be done on the property before construction starts. In some neighboring cities, citizens objected to a Walmart being built, because it would disturb the small community life. Cochran, however, did not object very much, approval came smoothly.

Construction Industry Growth

The construction industry in Ohio, as well as the rest of the country, continues to rise for the first time since the recession a few years ago. This past January, they were busy with over five new constructionprojects, when generally they get about one or two. The following months were a bit slow for them, but started getting more projects in May. In Morehead City, OH the construction industry was booming in 2007, but soon experienced a dramatic decrease in building. Recently, the industry has begun to grow. New residential structures are being built, though not as many condominium are coming up. Building permits are being issued almost as frequently as they were before the recession. Now it is simply a matter of making sure there are enough workers for the growing industry.