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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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7 Things Contractors Need to Know About Retainage

Fieldwire

It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. The practice dates back to the 1840s, dreamed up as a measure to reduce the owner’s risk and ensure that the project is fully completed according to the job specifications.

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Buyer Beware: Five Commercial Construction Questions to Ask Before Purchasing a Distressed Note

HardHatChat

If you’re looking to buy distressed commercial property , your eyes are probably as big as saucers. commercial properties in current distress. But before you take on the role of receiver, here are five questions you must address with your general commercial construction contractor before assuming receivership of a distressed property.

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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. In other words, you use the stuff we post here at your own risk. illinois supplier denied mechanics lien. National City Mortgage v. LEXIS 153 (2nd Dist.,

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Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

That language accomplishes next to nothing for the seller or buyer and may only serve to mitigate risk for the real estate brokers. That observed, many residential solar panel ‘leases’ contain language similar to, You agree that the solar panel system is the Company’s personal property under the Uniform Commercial Code.

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. In other words, you use the stuff we post here at your own risk. Idle Equipment not entitled to Lien in Missouri. mechanics liens. Categories.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

The cases with which he has been involved are varied and wide-ranging and include personal injury, breach of contract, criminal defense, commercial disputes, and consumer fraud. In other words, you use the stuff we post here at your own risk. Subcontractors Mechanics lien allowed where bank seized generals funds. Francis , No.

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