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, […]