The Effectiveness and Strength of Construction Liens
Published on June 12, 2008 by Scott Wolfe Jr
Andrea Goldman, a construction attorney in Massachusetts, recently placed an interesting post about the strengths of construction liens on her blog, “Home Contractor vs. Homeowner.”
While the article specifically discusses mechanic’s liens in Massachusetts, the points ring true about liens across the United States:
- Liens are less costly than filing suit;
- Liens are a very effective means of pursuing payment;
- Liens prevent progress payments for new construction projects, prevent the sale of property, and force others to come to the table to try and settle the dispute;
- Even improperly filed liens require the other party to spend legal fees to file an action seeking the dissolution of the instrument.
To read Ms. Goldman’s article, click on this link:
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[...] the past, we’ve posted about the strength and effectiveness of construction liens. Across the nation, construction or mechanics liens can be used as a powerful collections [...]
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