Filing A North Dakota’s Mechanic Lien

Liens filed on private property or on funds relating to a public project are known as North Dakota Mechanic’s Liens. When a North Dakota lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. When a  North Dakota lien is filed with […]

Filing a South Dakota Mechanics Lien

In South Dakota, liens filed on private property or funds relating to a public project are known mechanics’ liens . When a South Dakota mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of the property. When a South Dakota mechanics lien […]

Thomas Jefferson: The Founding Father of Mechanics Liens

When we think of our laws relating to construction, we generally think of them as something that have evolved over time, and that were generally enacted in the 20th Century.  Who knew, though, that the mechanics lien was introduced through Thomas Jefferson: founding father of the United States of America? That means is that protection through […]

Credit Manager Solutions: Part 4 of the Series: Using a UCC and Mechanics Lien

Using a UCC Some Creditors are comfortable filing a UCC Notice in order to help secure their position and in order to secure their loan or funding to a borrower or customer. However, when the borrower or customer is in the construction business, why stop at a UCC–why not go all the way and file a […]

Credit Manager Solutions: Part 3 of the Series: Deciding to File a Mechanics Lien

Deciding to file a mechanics lien is a often a difficult decision. It should not be.  Many companies do not want to upset their customers by filing a mechanics lien, but a mechanics lien is the only way that the law permits you to securitize the value of the labor and materials you provided to a project. Rather […]