In California, liens filed on private property are known as Mechanic’s Liens. When a California mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. In most circumstances, California does not allow mechanics liens to be filed on government owned property. […]
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California Lien Law Changes Effective July 1st, 2012
How California’s Changing Lien Law Affects You As of 7/1/12, the existing California statutes for mechanic’s liens, stop notices, and bond claims will be replaced by updated statutes. It is important to understand these changes, as they could determine whether or not your lien filing is valid. Preliminary Notices: Under the current laws, the 20-Day Notice […]
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Rental Demand Drives New Commercial Construction in Southern California
The long dry spell in Los Angeles’s commercial construction market may be comming to a close. The Los Angeles Times recently reported that commercial real estate developers are building again, buoyed by strong demand for apartments. With unemployment still high and Americans still skittish about putting their money in a house that may still decline in value, […]