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NCS Lien Index 2022 Q1
May 16, 2022
If you are furnishing to a construction project, you probably already know the immense benefit of serving preliminary notices to protect your mechanic’s lien and bond claim rights. But what …
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March 28, 2022
A recent decision by a Florida Court of Appeals was a win for the lien claimant whose mechanic’s lien was received by the Clerk of Court timely but recorded late. …
February 7, 2022
Here’s a brief look at some key changes to New Brunswick mechanic’s lien statute, which came into effect toward the end of 2021. For any contract entered prior to November …
January 31, 2022
In some states, the preliminary notice requirements and deadlines for securing mechanic’s lien rights are different depending on whether the project is residential or commercial. Arkansas is one of those …
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 …
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 …