Mechanics' Liens
How can a Mechanics' Lien help?
A mechanics' lien can be a powerful statutory device available to unpaid materials suppliers, subcontractors and contractors on construction projects. Its power, if done properly, comes from:
1) placing an encumbrance on the real property;
2) often freezing the construction financing — preventing the real property from being refinanced out of a construction loan or preventing the real property from being sold; and
3) providing the lien claimant an avenue to recover attorneys' fees.
In most scenarios, these pressure points are greatly effective at bringing attention to your claim — and getting you paid.