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NCS Lien Index 2021 Q2
July 26, 2021
In 2021, several states have enacted legislative updates to their mechanic’s lien and bond claim statutes. We’ve previously discussed some of the big changes (ahem, yes Arkansas, Iowa, and Texas …
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July 5, 2021
Arkansas recently passed two House Bills. HB 1835, which changes the notice requirement for residential contractor’s lien, and HB 1855, which revises the bonding procedure for payment bonds issued for …
April 5, 2021
What happens when your preliminary notice is late? In Minnesota, you may lose your mechanic’s lien rights. One lien claimant served its Minnesota prelien notice 27 days too late and …
January 11, 2021
The events of 2020 will not soon be forgotten. A year that began with hope and optimism was quickly darkened by a pandemic that locked down economies for weeks and …
July 20, 2020
In June, the Tennessee legislature passed the Construction Industry Payment Protection Act SB2681/HB2706 (Public Chapter 749), and the statute became effective 7-1-20, but only for contracts entered, amended, or renewed …
May 4, 2020
In construction, there are often multiple contracts and agreements being executed simultaneously, between a multitude of parties. Frequently, the sale of a property occurs while construction is underway or construction …
February 10, 2020
It’s part three of our three-part series of Commercial Credit Management Tips from NCS. Previously we provided favorite tips for Collections and UCCs. Today we wrap up this series with …
October 25, 2019
It’s hard to believe we are only a few months away from the year 2020! 2020 will be a BIG year, not only for NCS (we’re turning 50!) but also …
September 16, 2019
Do you know there are 19 states that require a preliminary notice be served to protect bond claim or public improvement lien rights? A common misconception is that preliminary notices …
March 4, 2019
Starbucks, Jimi Hendrix, Bing Crosby, Mt. Rainier, Boeing and Microsoft come from the great state of Washington, the only state named after a president. The intense clean-up efforts of the …
June 11, 2018
Songs aren’t quite the same with “mechanic’s liens and bond claims” in the lyrics, but would-be claimants will certainly feel peachy with secured Georgia lien and bond claim rights on …
May 7, 2018
Here’s everything you didn’t know you should know about securing mechanic’s lien rights on projects in Wyoming. General contractors, subcontractors & material suppliers, including those furnishing rental equipment, can …
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