What Is a Construction Lien?

A construction lien is an assertion made towards a property by builders, contractors or subcontractors that hasn’t been paid for construction completed on that property. These types of liens are created to safeguard professionals from the result of not getting paid for services provided. A construction lien is going to make it challenging or not…

Mechanic’s Lien

A mechanic’s lien is an ensuring of payment to builders, contractors, and construction companies that repair or build structures. This type of lien also extends to material suppliers and subcontractors and additionally cover building repairs. The lien guarantees that the workmen get paid prior to anyone else in case of a liquidation. Understanding a Mechanic’s…

How Do I Get A Lien Removed From Car Title?

The lien removal process will vary by state, but it typically involves completing appropriate paperwork and paying a fee for the new vehicle title. If you are wondering how to get a lien removed from a car title, follow this guide. What Is A Car Lien? If you have been approved for financing to purchase…

How To Put A Lien On A Business

How To Put A Lien On A Business

If a business that owes you money has been unsuccessful, one option is to place a lien on the assets of the business. As a lienholder, you gain legal rights to the company’s property, as well as the authority to sell the property. Steps To Placing A Lien On A Business Before placing the lien,…

What is Preliminary Notice?

Unless you’ve been super lucky as a tradesman or contractor, you’ve most likely dealt with trying to get paid for your work. The realistic fact is that there are project owners that are sluggish to pay – or simply decline to pay To safeguard contractors and other craftsman, each state provides legal refuge through a…

What Is A Lien On A Car?

If you have been approved for financing to purchase a vehicle, then you need to get familiar with the term “lien.” A lien is essentially a safeguard for the lender of the vehicle. This represents the lender’s legal right to possession of the car until all debt is repaid. When the buyer of the vehicle…

what-is-a-hoa-lien

What is a HOA Lien?

Basically, an HOA lien is a legal claim toward a property in order to get unpaid HOA fees. If an owner neglects to pay their fees, the HOA has a legal right to put a lien on their property. Meaning that the owner is going to be unable to sell or refinance the home until…

What is a Medical Lien?

When you are involved in a major accident, you are going to require medical attention sooner than later. Subject to the seriousness of the accident, you might be facing significant medical bills. When you are aware that another person(s) is at fault for the accident, you need to claim compensation for covering any accident-associated expenses…