Mechanics liens are great ways for a supplier, subcontractor, or even a contractor to take a step to ensure compensation for the work they perform on a construction Project. Usually, after the mechanics lien has been filed, the lien claimant can file a lawsuit to foreclose on the property. The mechanics lien filing and the subsequent foreclosure […]
Category: California Mechanics Lien
California Construction Lien, California Mechanics Lien, construction contract clauses, new york construction lien, new york mechanics lien, pay-if-paid clauses, pay-when-paid clauses
Pay if Paid v. Pay When Paid Clauses – Which is Which and Who Cares?
Over the last four years we’ve all had to deal with the funding crashes that followed the 2008 financial crisis. In those four years, many have also learned the difference between pay-if-paid clauses and pay-when-paid clauses. But what is the difference between the two, when should each one be used, and why should it matter […]
California Construction Lien, California Mechanics Lien, California Stop Notice, or a California pre-lien notice
California Mechanics Liens: The Nutshell Version
The internet is full of long explanations regarding mechanics liens. From Wikipedia to About.com, Once of the best explanations we’ve found (outside our own FAQs about California mechanics liens) is from the Sacramento County Public Law Library website. Mechanics liens and their requirements are all laid out in an easy to understand format there. […]