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

Levelset

In Texas, there are technically two different types of “retainage,” one referred to as such, and the other referred to as “reserved funds.” Texas lien law: ‘Retainage’ or ‘reserved funds’? The main changes came in the form of simplified notice procedures and lien filing deadlines.

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Can Restoration & Remediation Contractors File a Mechanics Lien?

Levelset

The variety of services they provide can create a lot of confusion around their right to file a mechanics lien if they don’t get paid. In an attempt to make things clearer, let’s look at what type of work restoration and remediation contractors can file a lien for — and what type of work is less likely to be protected.

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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage does not extend the mechanics lien deadline A mechanics lien is perhaps the most powerful tool that contractors have to force payment. Mechanics lien laws have specific deadlines that contractors must follow. If they let the filing deadline lapse without filing a lien claim, lien rights may be lost forever.

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$2B Frisco, Texas, Wade Park development back on foreclosure list

Construction Dive

Thomas Land & Development owes Gamma Lending $130 million, and unpaid contractors have filed approximately $10 million in liens against the stalled mixed-use project.

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Subcontractor Places $1.7M Lien on Big Texas Omni Resort

ENR Construction

Issues are unclear as closeout payment lingers months after a major project is in use.

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Cashflow and Pay Rise As Key Metrics in Economic Crisis

ENR Construction

which opened in Frisco, Texas, in November, claim in liens filed early this year that the company owes them more than $8 million. Turner Construction Co. and the architect for the first KidZania children’s amusement center in the U.S.,

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