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Common Lien Mistakes
Common Lien Mistakes
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Construction Credit Knowledge
The Mechanics Lien Is The Best Remedy Available To Contractors And Suppliers.
Construction Lawyers Agree:
“A personal guarantee or joint check agreement is nice to have, but not a substitute for a lien or bond claim.”
Joe Virene, Esq.Texas Subcontractor & Supplier Legal Guide
Construction Lawyers Agree:
“An Unpaid Contractor’s Best Friend”
David T. Arena, Esq.Illinois Mechanics Liens: Di Monte & Lizak LLC
Construction Lawyers Agree:
“An essential collection tool for contractors and material providers in construction projects.”
Paul C. Bauducco, Esq.Smart Tools of the Construction Industry
Previous webinar explaining why the mechanics lien rules.http://zlien.us/lien-is-best
Why Mechanics Liens Rule
View This Other Presentation To Learn Why Mechanics Liens Work To Get You Paid!Or Articles Here:Why Lien
Common Lien Mistakes
It’s Complicated
Mistake #1center of the world syndrome
Mistake #1center of the world syndromeyou’re probably wrong
Mistake #1center of the world syndrome
“I’ve dealt with liens before, I know the law.” “I’ve filed tons of liens
and never have any problems.”
“I’m going to follow Florida’s rules everywhere because it is the most strict.”
Mistake #1center of the world syndrome
Mechanics lien rumors are not mechanics lien laws.
http://zlien.us/lien-rumors
Lien Deadline Calculation Rules Private Projects
Bond Deadline Calculation Rules State Projects
Notice Requirements Private Projects
Lien Waivers Allowed / Prohibited In Contract
Mistake #1center of the world syndrome
This mistakes results in you missing notice requirements,
filing your lien late, filing without rights, and more.
Mistake #2details, details, details
Mistake #2details, details, details
Used in Lien: A&L Construction Corp. !
Formal Name: A. & L. Construction Corp.
http://zlien.us/lien-name
!22
Mistake #2details, details, details
Georgia mechanics lien notice said “365 days” instead of “395 days.”
http://zlien.us/ga-typo
Mistake #2details, details, details
Waiting until the last minute and forgetting about: — Recorder delay — Unpaid balance states — Murphy’s Law
Mistake #3property descriptions
Mistake #3property descriptions
How you identify the project is really, really important, and most states have heightened requirements.
http://zlien.us/id-property
Mistake #3property descriptions
123 Main Street Seattle, WA 98134
http://zlien.us/id-property
Subdivision: Breatheway Range: 105 Lot: 66 County: King Square: 4-A
Mistake #4your right to lien
http://zlien.us/lien-right-work
Mistake #4your right to lien
Not licensed? !
You may be working for free. Yes, that means you can’t lien either.
Notice Requirements Private Projects
Mistake #4your right to lien
Mistake #5being greedy
http://zlien.us/crazy-fees
Interest, attorney fees, filing fees, penalties, etc. !
You can collect in litigation, but (usually) not in the lien
Mistake #5being greedy
http://zlien.us/greedy-lien
Exaggerated liens are not only invalid, but they could result in sanctions, or, in worse case scenarios, criminal charges.
Mistake #5being greedy
1. You’re probably wrong 2. Details, details, details 3. Legal descriptions 4. Do you have a right? 5. Don’t be greedy
Mistake Review
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