3 min read
Add a Check to Your Mechanic’s Lien Checklist
Keeping A Mechanic’s Lien Checklist? Here’s One More Thing to Add to Your Mechanic’s Lien Checklist: A Check for Recording Fees. It’s a detailed and...
Mechanic's Liens & Bond Claims (4)
2 min read
Is the Lien Consensual or Statutory?
What’s the Difference between Consensual and Statutory Liens? In commercial credit, creditors have an opportunity to secure accounts receivable by...
2 min read
Legislative Updates in Construction 2021
Notice, Mechanic’s Lien, and Bond Claim Legislative Updates 2021 In 2021, several states have enacted legislative updates to their mechanic’s lien...
5 min read
Survey: Securitization on A/R During the Pandemic
Credit Research Foundation Survey: The Use & Impact of Securitization on A/R During the Pandemic Originally published in The Credit Research...
1 min read
Arkansas Lien & Bond Law Changes in 2021
Residential Mechanic’s Liens and Payment Bonds for Public Projects Arkansas recently passed two House Bills. HB 1835, which changes the notice...
3 min read
Changes for Texas Lien Claimants Effective January 2022
*Post updated 6/16/2021 to include official enactment*
2 min read
Changes to Iowa Mechanic’s Lien Law in Effect January 2022
What are the Changes? Iowa Governor, Kim Reynolds, has signed HF 561 into law. The bill contains two key changes to Iowa’s mechanic’s lien law....
3 min read
New York Tolling the Lien Line
For Whom the Mechanic’s Lien Deadline Tolls; New York Mechanic’s Lien Extended Did the March 20, 2020 Executive Order issued by Governor Andrew Cuomo...
2 min read
Minnesota Prelien Deadline is 45 Days, Not 72 Days
Minnesota’s Prelien Notice Deadline is 45 Days, Not 72 What happens when your preliminary notice is late? In Minnesota, you may lose your mechanic’s...
3 min read
Warranty Work Doesn’t Extend Washington Lien Deadline
Does Warranty Work Extend the Mechanic’s Lien Deadline? Not in Washington We are frequently asked whether punch list or warranty work will extend the...