The Lien Index increased 4 points in Q3 2022, an 11% climb over Q2 2022. As expected, Q3 mechanic's lien activity rose 11% over Q2, and activity remained lower than Q1, which peaked at 43.
The Lien Index decreased 8 points in Q2 2022, a 19% drop over Q1 2022. Despite the significant drop in mechanic's lien filings in Q2, the overall activity level is average for this time of year.
A UCC-3 can wear many hats. It can be used to continue, amend, or terminate your UCC filing. Learn more about the UCC-3 and its role in your security interest.
The Lien Index's rate of increase slowed from an adjusted +22% in Q4 2021 to +13% in Q1 2022.
Every business has its own keywords, phrases, and acronyms. Here are some of the most common terms you may hear in mechanic's liens & construction credit.
The Lien Index jumped to 19.7% in Q4. Throughout Q4, national mechanic’s lien activity rose across all regions, though most significantly in the Midwest.
Here's a look at the Texas statutory changes effective for general contracts executed on or after January 1, 2022.
The Lien Index increased slightly to -9.03% in Q3, up approximately .5% over Q2.
Notice, mechanic's lien/bond claim, and suit deadlines are frequently calculated from your first furnishing date, last furnishing date, and/or the date of entire project completion.