A mechanic’s lien is a claim on the property that serves as security for paying a construction firm’s debt. A contractor or construction firm who does work or provides materials to build or renovate a property has the right to file a mechanic’s lien under state law, provided that they have not been paid in full for their services and materials by the time that they are due.
This means that if you owe money to your contractor but haven’t paid them yet, then they can put a mechanic’s lien on any properties you own until you do pay up.
A Few Reasons for Filing the Mechanic’s Lien
There are a few reasons why you would file a mechanic’s lien on a property. The most common reasons are:
- When the owner has not paid his or her bill after 30 days of the contractor providing labor and materials for their project.
- A mechanic’s lien can also be filed if there were changes in plans that increased costs without an increase in payment to the contractor.
A Few Important Points to Remember
When filing for this type of lien, remember to have all your documentation in order and have all your facts straight. If there are any issues with the mechanic’s lien, it can be tough to resolve them in court. That’s why many people prefer to work with a lawyer when filing for mechanic’s liens or if they need help resolving their issues with their mechanic’s lien.
Remember that mechanic’s liens are not just limited to mechanics and mechanical-related projects, but also other kinds of work, including construction projects.
This is why it’s vital to hire an attorney who specializes in mechanic’s liens so they know what you are filing for and can help guide you through the process. The lawyer will also ensure your lien has a strong case.
You also should understand in detail what a mechanic’s lien is and its importance in construction projects so that you can decide whether or not to hire a lawyer for help with mechanic’s liens.
When Should You File a Mechanic’s Lien?
If you are a contractor who has contracted with another party on a construction project that hasn’t paid your bill, it may be time for you to file a mechanic’s lien so that you can get what is owed to you.
It is essential to file a mechanic’s lien as soon as you realize that the payment will be late or not paid in all. If you wait too long and allow time to pass, then it can become more difficult for your mechanic’s lien claim to hold up in court if there are objections from other parties involved with this project.
Getting in touch with our team of experts at Scorpion Construction LLC in Lakeland, FL is the first step to ensuring your building project goes smoothly. From drafting contracts and agreements all the way through the design and build phases, we can provide you with comprehensive services for all aspects of construction management. We offer full-site development services, asphalt patching and repairs, asphalt paving, and more. We understand how important it is that your property is completed on time while meeting or exceeding your clients’ expectations.