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Does a Lien Affect Your Credit Score?

Levelset

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

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The Lien Zone Podcast Provides Impactful, Easy to Digest Construction Legal Advice

Construction Junkie

Next up is The Lien Zone Podcast. Hosted by seasoned construction lawyer Alex Barthet, who is based in Florida, The Lien Zone Podcast is another one of our longest tenured shows to join our yearly competition. The Lien Zone podcasts have now become a standard part of our firm’s outreach and it has produced impressive results.

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

In a recent case, Wollaston Industries v. certifications and/or lien waivers) to the prime contractors to obtain payment. But the real lesson for contractors is to make sure the payment provisions expressly address the use of conditional and unconditional lien waivers. Ciccone d/b/a Ciccone Door Services, (U.S.D.C. Mass) (Dec.

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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

Liens Can Wreak Havoc on Funding. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of problems have always existed in the Construction industry, but in this economy the problems are far worse than ever before.

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Owners Can Get Cake and Icing Under New Tennessee Lien Law

Best Practices Construction Law

The new statute, signed into in May 2018, immediately created a cause of action providing for remedies for the successful challenge of the validity of a lien against a property. 4) Any actual damages incurred by the owner. 4) Any actual damages incurred by the owner.

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Mechanics Lien Infographic

Construction Law Monitor

The Construction Lien Blog (published by me!) yesterday posted a neat infographic focused on the mechanics lien. There are lots of infographics out there, but very few focused on legal issues. The infographic was inspired by awesome infographics used in other industries. Here it is:

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7 Things Contractors Need to Know About Retainage

Fieldwire

Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process. Mechanics lien laws have specific deadlines that contractors must follow.