Search results for: “incorporation”
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Do Repair and Maintenance Companies Have Mechanics Lien Rights?
Whether maintenance and repair work qualifies for mechanics lien rights will boil down to one primary issue: incorporation. Specifically, lien rights depend on whether the work was incorporated into the property. In the air conditioning system example above, the maintenance work would probably qualify for lien rights, because of the fact that the air conditioning system…
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How to File a Florida Mechanics Lien
A Practical GuideIf you have decided to file a mechanics lien in the Sunshine State, this step-by-step guide (starting in the next paragraph, below) will tell you how. Keep in mind there may be preliminary notice and timing requirements that must be met prior to filing a valid Florida mechanics lien, and that it can be complicated…
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Notice Of Intent To Lien May Be Enough To Get You Paid
This article was originally published on August 23, 2012 and was updated on January 9, 2017. The Notice of Intent To Lien is a beautiful document, and it may be just the right thing to get your company paid quickly, without the hassles and expense of filing a mechanics lien. While the notice may not…
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Super Bowl Turf Installers Filed A Mechanics Lien: 3 Things This Teaches Contractors Everywhere
Peyton Manning and Russell Wilson are just hours away (It starts at 5:30pm CT, on Fox) from their battle to hoist the Lombardi trophy, but a battle between Taylor Turf Installation, Inc. and the operators of MetLife Stadium has been on-going for months, as the stadium’s turf installers claim they are owed more than $292,000…
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Credit Policy: Using UCC Financing Statements to Secure Your Extensions of Credit
I recently (again) wrote about the importance of a solid preliminary notice policy in preserving the lien rights, and therefore the security, of companies in the construction industry. But, what about companies not in the construction industry, or construction companies who wish to have additional security? That’s where a Uniform Commercial Code – 1 Financing…