
Mechanics' Liens
A mechanic’s lien is a legal claim that a contractor, subcontractor, or supplier can place on a property if they are unpaid for work done or materials provided for its construction or improvement. It serves as a security interest, ensuring they have a way to recover their costs. If the owner doesn’t pay, the lien can sometimes lead to a forced sale of the property to satisfy the debt. Essentially, it’s a legal tool that helps those who contribute to building or improving a property ensure they get paid.