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. […]
Construction Activity Recedes in February 2012, Putting a Damper on a Hopeful Start to the Year
Despite a previously aggressive outlook from the U.S. Bureau of Labor and Statistics, construction spending fell again for the second straight month in February of 2012. In the second month of the year, construction spending fell by the largest amount in seven months. Widespread weakness in spending on home building, office construction and government projects […]
Michigan Construction Lien Act Visible Improvements Construed In Favor of Lienors
In past blogs we have highlighted recent case law in Montana and Nevada that permitted priority to construction liens where visible work was performed on a property prior to the issuance of a construction loan. In this blog, we’ll take a look at another State’s rules on priorities of liens where work was performed before […]
Shifting Construction Lender Priorities Can Be A Boon for Lien Claimants
New York is a big state with a lot of property changing hands, a lot of financing moving forward at fast clips, and a lot of paperwork being filed with county clerks. With so much going on, NY predictably created a complex system of laws relating to when, how and where closing papers such as […]
AGC Federal Contractors Conference Scheduled for April 2012
Conferences can be a great way to get some work – or in some cases a great way to stay too late at the bar. The bottom line is that attendng a conference is hit or miss, but when you hit, it can be great. A couple of LienItNow’s customers have mentioned that they are […]