When it comes to construction projects, funds always tend to be an unknown source of stress. Typically, construction projects only offer a sense of relief once they’ve been kicked off. When they have started, or been kicked off, it shows that funds will be available to contractors, laborers, subcontractors as well as material suppliers. Progress payments are often made throughout every phase of the construction project, however sometimes payments are made when they are due. This can create a turbulent relationship including the need to file a California mechanic’s lien.
A Construction Lien Ensures You Get Paid
As a construction company, it is well-known that you’re going to face times where payments are made as they should be. This is one of the main reasons for filing a mechanics lien. Even if some of the work is in dispute or not completed, as long as the property has been improved and a contractor hasn’t been paid for the improvement, then the contractor has the right to file a mechanics lien in conjunction with services rendered without any payment. This will get the owners attention since a construction Lien can lead to a real estate foreclosure so that money that is owed can be collected. It is a serious legal maneuver that tends to cause property owners to obtain legal counsel and fight back hard to save their assets. The Salek Law Firm can assist you when it comes to understanding your rights when it comes to filing a mechanics lien.
There Are Strict Timelines for Liens
It is important that you seek legal counsel when you need a mechanics lien filed. There is a strict timeline concerning the process of filing a lien that is crucial. Construction attorneys specialize in handling these types of liens and can provide you with the legal counsel you need to make sure the process runs smoothly.