At the end of last week the Iowa Senate passed an insurance industry bill purporting to protect homeowners. The Iowa Senate Bill SF466 is in response to “unscrupulous residential contractors” nicknamed “storm chasers that chase major storms from state to state in order to perform repairs on homeowners that suffer damage as a result of […]
Author: Stephen
Mechanics Lien Foreclosure Deadlines – Calendar Them A Month Ahead
Mechanics lien foreclosure deadlines are strict. As short as four months after the filing of a construction lien to as much as three years after the last date of work, each state has different rules for when a mechanics lien must be foreclosed upon. If a suit for foreclosure is not filed within the time […]
Prelien Notice and Notice of Furnishing and Notice to Owner, oh my! Which is Which?
As if filing a lien wasn’t confusing enough, each state has its own requirements about what you need to do before you file the lien. Pennsylvania requires that subcontractors provide the owner with a prelien notice 30 days before they file a lien. New Jersey requires that on public projects a notice of furnishing be […]
EXPIRED! What?! My Lien Comes with an expiration date? You Betcha.
It seems like everything comes with an expiration date nowadays. From Coke to honey, I can’t pick up an item in a grocery store without seeing a “sell by” date. But I’m often told that many goods, like canned goods or rice, last much longer than their expiration dates. Mechanics liens and constructions liens […]
Pennsylvania Bill Would Limit Mechanics Lien Rights on Residences
Legislation recently introduced in the Pennsylvania legislature would limit lien rights for subcontractors and suppliers. Pennsylvania House Bill 1602 removes the ability of subcontractors, suppliers and others that do not have a contract directly with the owner to file a mechanics lien on owner occupied residences when the owner has paid the contractor in full. […]