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Mechanics Lien and Bond Claims Best Practices

Best Practices Construction Law

He is the founder of Zlien.com , a national mechanics lien filing and compliance management service. Scott writes the Construction Lien Blog , which analyzes construction lien laws and regulations across the nation. Understand What Type of “Lien” Is Available. I hope you enjoy. + + + + + + + + + + + +.

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Minor Changes To Mississippi Mechanic Lien Laws Now Effective

Construction Law Monitor

This post is to alert our readers to a recent change in Mississippi’s mechanic lien laws recently signed into law by Governor Barbour ( Senate Bill 2363 ). In a nutshell, the law makes two changes: Previously, the law provided that suits to enforce liens must be filed in circuit court.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

Subcontractors Mechanics lien allowed where bank seized generals funds. 107108 (May 21, 2009), has ruled in favor of the subcontractor in enforcing a mechanics lien. Funds subject to a lien waiver are required to be held by the owner in trust for the subcontractor. May 21, 2009 in litigation , mechanics liens | Permalink.

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PACE Bill Due in Baltimore City

Green Building Law Update

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans. Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,

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constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

Waivers of liens: fraud. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. Listed below are links to weblogs that reference Waivers of liens: fraud : Recent Posts.

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What is PACE Financing and Is It Doomed?

Construction Law Monitor

Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages). I recently wrote a blog post called: Think Green Building is Irrelevant? The value of these loans can be between $10,000 and $100,000, and sometimes more.

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PACE in Maryland is Not Keeping Pace

Green Building Law Update

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.

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