To provide contractors, subcontractors, materials' suppliers and vendors a legal method of guaranteeing payment for their services on construction projects, state statutes allow them to file liens ...

I am often approached by contractors who wish to file a construction lien regarding either a residential or a commercial project. It is not atypical for many of these contractors to believe that ...

Liens represent one of the primary mechanisms by which contractors, subcontractors, and other downstream parties secure payment rights under a construction contract. When utilized properly, filing a ...

A lien is legal claim against a business's property or assets. A lien gives a creditor security interest in business property until the lien is released. Laws vary by state, but a creditor can ...

You rent a small storage unit in Santa Monica—just a few boxes of old memories, maybe furniture, a surfboard, that treadmill you swore you’d use again. Months go by. One payment slipped. Then another.

Liens are creatures of statute and, as such, have been held to be in derogation of common law. The practical effect of the preceding sentence is that lien statutes that allow construction ...

This article originally appeared in the December 2023 issue of Security Business magazine. When sharing, don’t forget to mention Security Business magazine on LinkedIn and @SecBusinessMag on Twitter.

Ernesto ran a towing yard in East LA. On a hot July morning, he muttered about how to file a lien sale in California while staring at a rusty Civic. Someone dumped the car in his lot four months ago ...