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Construction Law/ mechanics Liens
CONSTRUCTION LAW / MECHANIC'S LIENS IN LONGMONT, CO
WHAT DOES CONSTRUCTION LAW ENTAIL?
Construction law
is a body of law that deals with matters relating to building construction and related fields. It covers a wide range of legal issues including contract law, bonds and bonding, guarantees and sureties, liens and other security interests, tendering, construction claims, and related consultancy contracts. Construction law affects many participants in the construction industry, including financial institutions, surveyors, architects, builders, engineers, construction workers, and planners.
WHAT IS A MECHANIC'S LIEN?
A mechanic's lien
is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien. It is also called a materialman's lien or supplier's lien when referring to those supplying materials, a laborer's lien when referring to those supplying labor, and a design professional's lien when referring to architects or designers who contribute to a work of improvement. In the realm of personal property, it is also called an artisan's lien.
Schey, Piller, Alspaugh, & Wong, P.C.
can help you understand the best way in which to pursue a resolution to the situation and give you peace of mind.
