In New Mexico, liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. New Mexico construction liens are defined as “a charge imposed upon specific property, by which it is made security for the performance of an act.” The purpose of the New Mexico lien law is […]
Category: construction lien
Commerce Department Report for Chicago Construction
According to the Chicago Tribune, the Commerce Department reported that in the month of July construction spending grew over 0.6 percent , rising to the highest level in 4 years. Construction spending increased to an adjusted annual rate of $915 billion, with an increase of 7.1 percent above the previous August, which was led by private […]
Iowa’s Mechanics Lien
In Iowa , liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When an Iowa mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Iowa construction liens do not attach to […]
Montana Mechanics Lien
In Montana, liens filed on private property or on funds relating to a public project are known as Montana Construction Liens or mechanics liens. When a Montana mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. When a Montana mechanics […]
Vermont Mechanics Lien Guidlines
In Vermont, liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When a Vermont construction lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Contractors, as well as subcontractors, sub-subcontractors and suppliers […]