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mechanic's lien
(redirected from Mechanics lien)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
mechanic’s lien
A lien on privately owned real property created by state statute in favor of persons supplying labor or materials for a building or structure or improvements thereof, generally for the value of the labor or materials supplied by them. In some states, a mechanic’s lien also exists for the value of professional services. Laws differ greatly among states as to the circumstances in which such a lien may arise, the sum for which it may be imposed, and the procedures whereby the sum due may be collected or the lien discharged. In most circumstances, clear title to the property cannot be obtained until the claim on which the lien is based has been settled.


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His practice focuses almost exclusively on construction-related matters including representing parties in bid protests, contract disputes, mechanics liens and surety law.
In addition to the outstanding mezzanine and mortgage loans, Swig has been hit by millions of dollars in mechanics liens by contractors who have not been paid since late 2008.
A mechanics lien is also a legal means to secure payment for the "value of work performed" and "materials furnished" on a building project.
 
 
 
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