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NCS Credit Lien Index 2022 Q4

The Lien Index increased 3 points in Q4 2022 to 47, a 7% increase over Q3 2022 and 34% increase year over year. The driving force behind the rise in mechanic's lien activity came from the South, where activity increased by 15%. The West also...

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NCS Credit Lien Index 2022 Q3

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...

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NCS Lien Index 2022 Q2

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...

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What Is a UCC3

A UCC-3 can wear many hats. It can be used to continue, amend, or terminate your UCC filing. It can also be used to assign your interest to another...

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NCS Lien Index 2022 Q1

The Lien Index's rate of increase slowed from an adjusted +22% in Q4 2021 to +13% in Q1 2022. Although the rate of increase declined, mechanic’s lien...

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Common Words in Mechanic's Liens and Construction Credit

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...

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NCS Lien Index 2021 Q4

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...

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NCS Lien Index 2021 Q3

The Lien Index increased slightly to -9.03% in Q3, up approximately .5% over Q2. Throughout Q3, national mechanic’s lien activity remained relatively...

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Understanding Furnishing Dates

Notice, mechanic's lien/bond claim, and suit deadlines are frequently calculated from your first furnishing date, last furnishing date, and/or the...

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EC: Is the Project Private, Public or Federal?

In this NCS Extra Credit installment, Nadia Grabowski (Notice & Lien Specialist) discusses the importance of identifying the correct project type.

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