Information Lien Risk 
Levelset
OCTOBER 31, 2024
One of the most effective ways to secure that payment is by filing a construction lien. Filing a proper lien claim requires accurate information. Ultimately, Marjam claimed they were unpaid for the equipment and materials provided, so they filed a construction lien on the vacant lot for $136,180,02.
Building Radar
AUGUST 8, 2024
A mechanic’s lien is a legal claim against a property for unpaid work or materials provided during construction or renovation. Understanding how mechanic’s liens work, including your rights and obligations, is crucial for anyone involved in construction projects, whether you’re a contractor, subcontractor, or property owner.
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Levelset
JULY 5, 2022
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?
Autodesk Construction Cloud
SEPTEMBER 13, 2022
So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.
Levelset
MAY 4, 2022
However, smaller construction businesses are much less likely to prequalify their customers than larger businesses — and that could increase the risk of slow payment. Get information about their credit history. A preliminary notice informs property owners that a contractor, supplier, or equipment lessor is working on a project.
Levelset
FEBRUARY 10, 2022
An architect, designer, or design-bid contractor will perform planning and engineering services for a prospective project owner, providing them with the information they need to move forward. This information helps the client determine whether the project is feasible for their needs—something that is incredibly valuable to find out early.
Levelset
MAY 23, 2022
Protect your lien rights. Mechanics lien rights are a tool to help the construction industry get paid for its work. The first step to this is sending a preliminary notice, which informs the property owner of work on their projects. Eliminate any questions about the costs of jobs, labor, and payments by tracking every dollar.
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