Liens and Sureties Law

Liens and sureties in construction law are legal tools that protect the rights of contractors, subcontractors, and suppliers. A lien is a claim against a property for unpaid work or materials, ensuring that those who contributed to a project can be compensated. A surety bond, on the other hand, is a guarantee from a third party (the surety) that a contractor will fulfill their obligations. If the contractor fails, the surety must compensate the project owner. Together, these mechanisms provide security and help ensure that construction projects are completed properly and that all parties are paid.