Tag: Claim Amount
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Negotiating Your Lien Claim — Should You Make the First Offer?
When negotiating your lien claim, should you make the first offer, or should you wait and let the other party make the first offer? This article contains a thorough discussion of the pros and cons of each, and also includes negotiation tips from an industry expert.
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Changes to Iowa Mechanics Lien Law — Amounts May Now Be Amended
Just recently, legislation was passed in Iowa regarding amending mechanics liens. Previously, Iowa claimants could not amend a lien filing to adjust the amount of their lien. Imagine a claimant’s frustration: if they mistyped the amount of their lien, or if they needed to reduce the amount of a lien for some other reason, a…
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Should I Send Multiple Preliminary Notices in California If the Amount of Work Changes?
When an amount is to be included on a preliminary notice, many construction participants have questions regarding what happens if the value of labor or materials furnished changes or is different than what was originally put on the notice. Should an additional or revised notice be sent?
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Top Five Things to Know About a Florida Mechanic Lien
In some states, like California, the deadline by which a lien must be filed starts to count down from the end of the project as a whole. This is not the case in Florida. Claimants in Florida must record their mechanics lien within 90 days from their own date of last furnishing labor, services or…
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Can I Include Attorneys Fees in a Mechanics Lien?
Certain states allow lien claimants to include more than the amount owed in a mechanics lien claim. This might include associated costs (such as filing fees or interest) or, most commonly, attorneys fees. Other states don’t permit you to include additional costs in the claim of lien itself, but will award attorneys fees to the…