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Texas Homestead Lien Rules & Requirements

Levelset

Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Digging deeper into company processes for payment, change orders, lien waivers, and more will give you a sense of what to expect while working with them. . Download Mayer Building Company’s sample subcontractor agreement. . Upon receipt of payment, subcontractors must submit an executed lien waiver. Know your state’s lien laws.

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4 Key Habits of Large, Successful Contractors

Levelset

In some states preliminary notices are required to protect lien rights—but even when they aren’t required, preliminary notices can help you get paid faster by increasing your visibility in the payment chain. At the end of the day, mechanics liens are the most powerful tool that contractors have to get paid for work they’ve completed.

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Why Subcontractors Shouldn’t Rely on the GC’s Sworn Statement in Illinois

Levelset

Securing mechanics lien rights isn’t just as simple as filing a document — it’s a process. Illinois in particular handles the amounts a subcontractor can file a lien for very differently than most other states. Download a free Illinois General Contractor’s Sworn Statement form here.

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Bring Construction Billing into Focus

Construction Business Owner

Clear visibility over invoices, lien waivers & payments inspires seamless money management & accelerated job timelines. The clean and intuitive dashboard offers a bird’s-eye view over each invoice, compliance document, lien waiver and payment, which makes invoice tracking and management easy as a click of your mouse. Greg Ragsdale.

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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Texas lien law: ‘Retainage’ or ‘reserved funds’? In 2021, Texas enacted some sweeping changes to the mechanics lien process effective on projects where the original contract was entered into on or after January 1, 2022. The main changes came in the form of simplified notice procedures and lien filing deadlines.

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5 Ways to Improve Cash Flow in Your Construction Business

Levelset

Protect your lien rights. Mechanics lien rights are a tool to help the construction industry get paid for its work. In many states, preliminary notices are required to establish the right to file a lien, if needed, for nonpayment. Eliminate any questions about the costs of jobs, labor, and payments by tracking every dollar.