For construction companies and contractors, the hardest part of a job can, unfortunately, sometimes be collecting payment. When a customer refuses to pay or introduces another dispute, contractors often need to take legal action to ensure they are paid for completed work. A mechanics lien is a legal claim which can be placed upon a […]
Mechanic’s Liens – An Attorney’s Perspective
Whether you are a property owner or a contractor trying to get paid for a project, you want to pay particular attention to the statutory framework governing mechanic’s lien law in California. If contractors do not comply, enforcing a mechanics lien can be difficult and this has important ramifications for both the property owner and […]
Lender’s Lien Has Priority Over Mechanic’s Lien.
A construction project fell through when the developer ran out of money. The construction company filed a mechanic’s lien on the development. In connection with the construction loan agreement, the lender required the developer to assign its rights and remedies under the construction contract, but not its obligations, to the lender, and the construction company […]