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  2. Mechanic's lien - Wikipedia

    en.wikipedia.org/wiki/Mechanic's_lien

    Mechanic's liens in their modern form were first conceived by Thomas Jefferson, to encourage construction in the new capital city of Washington. They were established by the Maryland General Assembly, of which the city of Washington was then a part. [1] However, it is not likely that Jefferson single-handedly dreamed up the idea.

  3. Notice of Intent to Lien - Wikipedia

    en.wikipedia.org/wiki/Notice_of_Intent_to_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 ...

  4. Preliminary Notice - Wikipedia

    en.wikipedia.org/wiki/Preliminary_Notice

    In Mechanics lien law a Preliminary Notice (also known as a Notice to Owner, Materialmens Notice to Owner, Notice of Furnishing, Contractor/Subcontractors Notice to Owner, and others) is a notice sent by the general contractor, subcontractor, materialmen, equipment lessors or other parties to a construction project not to create a Mechanics lien but rather to establish the right to file a ...

  5. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment. The mechanics lien process can be of great value to claimants in enforcing their claims, if done according to the laws of the various states, or the federal ...

  6. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/finance/heads-freelancer-small...

    Heads up to anyone who is a freelancer, independent contractor, business owner, property renter or just a hobbyist who occasionally sells their creations: If you accept business-related income ...

  7. Lien - Wikipedia

    en.wikipedia.org/wiki/Lien

    A lien (/ ˈ l iː n / or / ˈ l iː ən /) [Note 1] is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation.

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