Liens filed on private property or on funds relating to a public project are known as North Dakota Mechanic’s Liens. When a North Dakota 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 North Dakota lien is filed with […]
Category: mechanics lien filing
Filing a South Dakota Mechanics Lien
In South Dakota, liens filed on private property or funds relating to a public project are known mechanics’ liens . When a South Dakota mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of the property. When a South Dakota mechanics lien […]
construction lien laws, filing a mechanics lien, mechanics lien filing, mechanics lien laws, Thomas Jefferson mechanics lien
Thomas Jefferson: The Founding Father of Mechanics Liens
When we think of our laws relating to construction, we generally think of them as something that have evolved over time, and that were generally enacted in the 20th Century. Who knew, though, that the mechanics lien was introduced through Thomas Jefferson: founding father of the United States of America? That means is that protection through […]
construction lien, construction lien filing, file a construction lien, file a mechanics lien, mechancis lien, mechanics lien filing, ucc filing
Credit Manager Solutions: Part 4 of the Series: Using a UCC and Mechanics Lien
Using a UCC Some Creditors are comfortable filing a UCC Notice in order to help secure their position and in order to secure their loan or funding to a borrower or customer. However, when the borrower or customer is in the construction business, why stop at a UCC–why not go all the way and file a […]
construction lien filing, file a lien on the property, filing a mechanics lien, mechanics lien filing, notice to owner, prelien notice, property lien
Credit Manager Solutions: Part 3 of the Series: Deciding to File a Mechanics Lien
Deciding to file a mechanics lien is a often a difficult decision. It should not be. Many companies do not want to upset their customers by filing a mechanics lien, but a mechanics lien is the only way that the law permits you to securitize the value of the labor and materials you provided to a project. Rather […]