When you remodel a kitchen or replace a roof, you probably focus on design choices and contractor bids, not the legal paperwork that decides who can come after your house. Yet the most expensive ...
In Maryland and elsewhere, a mechanic’s lien safeguards a contractor’s entitlement to payment on a private project. It is a statutory device that, if properly pursued, provides a contractor a security ...
Soon after the lien came the lien waiver, said to be necessary to protect property from specious claims. What started out as a simple means of proving that an owner had paid, however, has taken a long ...
Lien waivers are tied to almost every payment in construction. Because lien waivers are exchanged so routinely on construction projects and are so closely tied to payment, it is important to ...
Lien waivers are routinely exchanged on construction projects. Even so, construction contractors should know the basics of lien waivers or risk financial loss. What is a lien waiver? In simple terms, ...
If you get into a construction dispute concerning payments made to your contractor, subcontractor, or supplier, you want to be sure that your lien waivers are enforceable in your jurisdiction. A lien ...
Owners loathe and contractors love mechanic's liens. Regardless of point of view, mechanic's liens are an American institution as old as the Bill of Rights. In 1790, President George Washington chose ...
To many, a lien waiver might seem like one more minor item on a construction contract full of small items. But failing to use lien waivers in a timely and proper way can lead to problems for everyone ...
Lien waivers are part of doing business for contractors. If you want to get paid, most owners or general contractors will require that you submit a signed lien waiver with your payment application. On ...
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Scott Mollen discusses "J.T. Magen & Co. v. Nissan N. Am.," where the court found a willfully exaggerated mechanic's lien to be null and void. Mechanic's Lien—Willful Exaggeration Improper—'Side Deal' ...