A mechanics lien is a legal claim that contractors, subcontractors, and suppliers can place on a property when they have not been paid for work or materials provided for a construction project. This lien serves as a way for these parties to ensure they are compensated for the services they have provided. In the construction industry, mechanics liens are commonly used to protect the rights of those who have contributed to a project but have not received payment.To file a mechanics lien, the party seeking payment must follow specific legal requirements, which vary by state. These requirements typically include sending a preliminary notice, filing a lien claim within a certain timeframe, and providing documentation of the work performed or materials supplied. Once a mechanics lien is filed, it becomes a cloud on the property
What is Mechanics Lien?
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