Adapting to different construction laws can be a challenging task for individuals involved in the building process. The terms that popped out in this sector are called ‘construction liens law’. It might sound familiar to people like suppliers and contractors.
To understand what the Bitman Law construction liens mean, you should understand the right concept so that you can understand how the experts protect your rights in the construction industry. It addresses various issues related to financial claims and other payment disputes arising from work completion.
In the guide, you will be provided with a clear understanding of construction liens, including their various benefits and purposes.
What Is A Construction Lawyer?
A construction lien is a legal method for contractors or suppliers to secure payment for their completed work if none has been received. If they are not properly paid by their clients, they can hire a legal expert who will place a sum on the property with the provided materials or services for the construction project.
Before making a legal claim, a specific timeframe will be given to the property owner. It is a suitable method for individuals or businesses that wish to receive payment for the work or other materials provided.
Purpose Of Getting A Construction Lawyer
The primary objective of hiring a construction lawyer is to ensure that they can protect the interests and rights of suppliers and contractors involved in the project, particularly those who have improved the property but have not received the payment due to them. Here are the primary purposes.
Secure Legal Interest
By filing a proper construction lien, unpaid parties can get a legal claim on the property owner. The legal experts will grant them the right to receive financial interest on the property from its full value.
Getting Payment
Construction liens will ensure that workers and contractors receive payment for the work and materials they have provided in fixing the property. It is a legal framework that enables property owners to pay for the work they have completed. The threat of getting a lien will prevent delay in the payment and force the owner to make payment on time.
Protecting Payment Chains
When there is a construction project, it involves multiple parties, so by making sure everyone gets paid, you need to get a construction lien to pay for the workers and services.
Supporting Fair Business Practices
A proper construction lien is a legal method that ensures smooth business practices in the construction industry and ensures timely payment via invoices. Any worker or business can use a lien to claim payment for their projects on the property.
How Do You Obtain A Construction Lien?
The process of obtaining a construction lien can vary significantly from state to state. Here are the steps to get a lien to claim payment.
- Initially, you need to be a worker or a business involved in the project that provides services or work to a specific construction job.
- Before making a claim, you must send a notice to the property owner to obtain the lien. It informs them that there is a pending payment, and you have the right to receive a lien.
- There are a few things to consider when you wish to obtain a lien against the property owner. You need to make sure that you specify the timeframe for the job.
- To get a lien, you must file in the right form at the government agency or at the county clerk’s office. The right papers must have the right information, like the work details and information related to the property.
- Once you file a legal case, it will be added to the public record and attached to the property title. It is not easy for the owner of the house to resell the house until the lien is resolved.
Takeaway
A construction lien is a good legal method that allows contractors to get paid properly for their work. By getting legal assistance from Bitman Law construction liens, the experts can help you resolve these issues related to construction liens.