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Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
Common Mechanics Lien Mistakes
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Common Mechanics Lien Mistakes

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The term "mechanics lien" can get thrown around on a construction project, and sometimes, contractors and suppliers need the remedy badly to avoid a default account. The lien laws can be …

The term "mechanics lien" can get thrown around on a construction project, and sometimes, contractors and suppliers need the remedy badly to avoid a default account. The lien laws can be hyper-complex, however, which means its easy to make mistakes.

This presentation goes through some of the most common mistakes made with mechanics lien claims.

It is presented by zlien, the industry's leading platform for mechanics lien and bond claim management, which is used to file thousands of lien claims each year.

Published in: Business, Technology
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Transcript

  • 1. Common Lien Mistakes
  • 2. Mistake #1 center of the world syndrome
  • 3. Mistake #1 center of the world syndromeyou’re probably wrong
  • 4. Mistake #1 center of the world syndrome “I’ve dealt with liens before, I know the law.” “I’ve filed tons of liens and never have any problems.” “I’m going to follow Florida’s rules everywhere because it is the most strict.”
  • 5. Mistake #1 center of the world syndrome Mechanics lien rumors are not mechanics lien laws. http://zlien.us/lien-rumors
  • 6. Lien Deadline Calculation Rules Private Projects
  • 7. Bond Deadline Calculation Rules State Projects
  • 8. Notice Requirements Private Projects
  • 9. Lien Waivers Allowed / Prohibited In Contract
  • 10. Mistake #1 center of the world syndrome This mistakes results in you missing notice requirements, filing your lien late, filing without rights, and more.
  • 11. Mistake #2 details, details, details
  • 12. Mistake #2 details, details, details Used in Lien: A&L Construction Corp. Formal Name: A. & L. Construction Corp. http://zlien.us/lien-name 12
  • 13. Mistake #2 details, details, details Georgia mechanics lien notice said “365 days” instead of “395 days.” http://zlien.us/ga-typo
  • 14. Mistake #2 details, details, details Waiting until the last minute and forgetting about: — Recorder delay — Unpaid balance states — Murphy’s Law
  • 15. Mistake #3 property descriptions
  • 16. Mistake #3 property descriptions How you identify the project is really, really important, and most states have heightened requirements. http://zlien.us/id-property
  • 17. Mistake #3 property descriptions 123 Main Street Seattle, WA 98134 http://zlien.us/id-property Subdivision: Breatheway Range: 105 Lot: 66 County: King Square: 4-A
  • 18. Mistake #4 your right to lien
  • 19. http://zlien.us/lien-right-work Mistake #4 your right to lien Not licensed? You may be working for free. Yes, that means you can’t lien either.
  • 20. Notice Requirements Private Projects Mistake #4 your right to lien
  • 21. Mistake #5 being greedy
  • 22. http://zlien.us/crazy-fees Interest, attorney fees, filing fees, penalties, etc. You can collect in litigation, but (usually) not in the lien Mistake #5 being greedy
  • 23. zlien.com/resources
  • 24. http://zlien.us/greedy-lien Exaggerated liens are not only invalid, but they could result in sanctions, or, in worse case scenarios, criminal charges. Mistake #5 being greedy
  • 25. 1. You’re probably wrong 2. Details, details, details 3. Legal descriptions 4. Do you have a right? 5. Don’t be greedy Mistake Review
  • 26. • 2 Emails Per Week For 6 Weeks • Credit & Collection Policy Tips • How Successful Credit Professionals Increase Revenue And Decrease Risk Free! Click to Take The Course Learn More About This Problem

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