The foreclosure lawsuit of the historic Union Trust Building in Downtown Pittsburg has pitted a big California bank against local contractors. The building was constructed in 1916 by Henry Clay Frick, and recently completed extensive renovations. The bank, California National Bank of Long Beach, filed the lawsuit because about 10 different contractors filed $3.57 in mechanics […]
Category: pennsylvania mechanics lien
Pennsylvania Passes Real Property Electronic Recording Act
The Pennsylvania General Assembly recently passed the Real Property Electronic Recording Act. H.B. 970, passed the Senate as amended 49-0 on June 25, and passed the House on concurrence 198-0 on June 29. The bill brings into Pennsylvania law the Uniform Real Property Electronic Recording Act. The Act’s purpose is to allow county clerks and […]
Pennsylvania: Court Rules that Construction Loans may be Subordinate to Mechanics Liens
In the Pennsylvania Superior Court case (Commerce Bank v. Kessler), the court held that an open-end mortgage recorded after commencement of construction on the mortgaged property does not have statutory priority over a subsequently recorded mechanic’s lien unless all of the proceeds of the loan are used to pay the costs of completing erection, construction, […]
Taking Back Time: Lien Reinstatement
Be Sure Your Lien is Served in a Timely MannerServing your filed lien within the specified time limit is an important part of the mechanic’s lien process, […]
Residential Collections Harder In Pennsylvania
Collecting money is always a challenge, but is even more of a challenge for contractors or subcontractors doing work on residential building projects in Pennsylvania. While placing a mechanics lien or a construction lien on a property is one way to secure payment, there are several other steps to follow to keep those accounts receivables down to a manageable level. […]