Why a Mechanic’s Lien Bond Matters: Risks of Going Without One
- January 8, 2025
- Posted By: hmvreeland
- Category: Mechanic Lien Bond
In the construction world, disputes over payment can lead to significant financial and legal headaches. One of the most common risks property owners face is the mechanic’s lien—a claim filed by contractors, suppliers, or laborers […]
Why Mechanics Lien Bonds Are Essential in Construction
- November 7, 2024
- Posted By: hmvreeland
- Category: Mechanic Lien Bond
In construction, there are always financial risks. Disputes over payment, labor, or materials can quickly escalate into costly legal battles. A mechanics lien bond is a key tool that can help mitigate these risks. Whether […]
Mechanic’s Lien Bond Requirements: A Breakdown of When They Apply
- August 24, 2024
- Posted By: hmvreeland
- Category: Mechanic Lien Bond
Ensuring financial security is a must for the construction and real estate industries. Utilizing a mechanic’s lien can help keep your project secure. However, to help guarantee payments and keep your business on schedule, a […]
Mechanic’s Lien Release Bond: Frequently Asked Questions
- April 12, 2024
- Posted By: hmvreeland
- Category: Mechanic Lien Bond
A lien is a mechanism used by contractors and suppliers to force property owners, tenants, and landowners to pay the money they owe to them. It’s a form of collateral that allows the creditor to […]
Bonding a Mechanic’s Lien: How Does it Work?
- March 13, 2024
- Posted By: hmvreeland
- Category: Mechanic Lien Bond
A mechanic’s lien is secured by real property. If a person/business fails or refuses to pay a contractor or supplier for the materials or labor provided by them to improve, maintain, or repair particular property, […]
