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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.
In Mechanic's lien law a Notice of Intent to Lien (also known as a Notice of Intent, a Notice of Intent to File a Mechanics Lien, an intent notice, an NOI, or a notice of non-payment) is a type of preliminary notice that warns the property owner, prime contractor, and/or other party on a construction that a mechanics lien or bond claim will be filed unless overdue payments are made within a ...
Larry Leiby (born 1947) began his law practice in construction law in 1973 in South Florida. He founded and was the first chair of the Construction Law Committee of the Florida Bar Real Property Section (1976–1994). He was one of nine members of the original Florida Bar Construction Law Certification Committee appointed in 2004, later chaired ...
In Florida’s tri-county area, Miami-Dade, Broward and Palm Beach, 28 percentage of closed claims lead to lawsuits — compared to just 10 percentage statewide.
Lien waiver. In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.
Since 2019, nearly 26,000 crashes have occurred in Ohio construction zones, resulting in more than 9,000 people injured and 99 deaths. Construction worker Steve Cook was an only child, but you ...
UCC-1 financing statement. A UCC-1 financing statement (an abbreviation for Uniform Commercial Code -1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
Property law. The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests. The record title system differs significantly from land registration systems, such ...
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