What is a mechanics lien?
A “mechanics lien” is a legal document filed with the proper recording authorities, which when properly filed and recorded gives the lien holder an interest in the property. While the mortgage holder can force a foreclosure sale if the property owner does not pay the mortgage, a holder of a mechanics lien can also force the sale of the property.
A mechanic’s lien is a right for one who has improved your property to collect by selling your property if you do not pay. When a contractor or subcontractor works on your property or provides supplies used to improve your property, the contractor usually files documents with the county recorder to give notice that services or supplies are being provided. Once a contractor or subcontractor has been paid, the lien should be “released” by filing a document with the county recorder. Even if the contractor or subcontractor does not file a mechanic’s lien, if the contractor or subcontractor is not paid, generally, the property owner can be sued for breach of contract or failure to pay for supplies.
A mechanics’ lien is a statutory lien that secures payment for labor or materials supplied in permanently improving, repairing, or maintaining real property. It is generally utilized by contractors ,subcontractors, laborers, suppliers, etc. The filing of a mechanics’ lien becomes a lien on an individual’s real property.
