| ZEN Industries' September 2012
e-Newsletter |
Mechanic's Lien Laws
 Lien
Laws - Getting Paid for Your Work
The ductwork has been delivered and your workmen have finished
with the installation. It’s not a good time to learn your customer’s
project funds have been embezzled by a crooked bookkeeper, or that one
of the project partners has pulled out and taken his money with him.
No matter the circumstances, what do you do when you’re told you’re
not getting paid? Deconstructing the project and shipping back the
materials is not an option and would only increase your cost if it could
be done.
When you’re under contract to improve someone’s property, you have a
right to be paid, regardless of their changing circumstances.
Mechanic's lien laws protect your rights and ensure that you will
collect what’s owed.
Mechanic's Liens
Every state in America provides builders, contractors,
subcontractors, and suppliers with the legal tools necessary to get paid
for their work. These are called Mechanic’s Liens.
Unfortunately, it’s not a simple process. Wait until you have a claim to
file and you may find yourself two steps behind and out of luck. In
legal terms you’ll “suffer a catastrophic loss of the protections
afforded.”
That’s because specific steps need to be taken early in your project
(and in some cases throughout the life of the project) to preserve your
lien law rights. There are things like a Notice of Furnishing, Notice of
Commencement, and Notice of Intent to Claim a Lien. There are filing
deadlines and different jurisdictional requirements.
Lien laws vary from state to state, and that makes protecting your
rights difficult, especially for smaller contractors.
 Lien
Law Online
Now there is an online resource that can help.
www.LienLawOnline.com. Lien
Law Online is a subscription based service designed to give you a
detailed roadmap through the complex lien law minefield.
Your subscription entitles you to:
- Comprehensive Information on Mechanic’s Lien Laws in all 50
states and the District of Columbia
- E-Alerts notifying you of changes in lien laws
- Downloadable Compliance Forms in both Microsoft Word and PDF
format
- Tips and FAQ's on your Lien Law rights, restrictions, and
responsibilities
When you consider the cost of a subscription against the cost of not
getting paid for a construction project, the return on investment is a
no-brainer!
Even if you don’t subscribe, you owe it to yourself and your company
to read their
Benefits page and
Frequently Asked Questions page today.
Lien Laws and ZEN Industries
At ZEN Industries, Inc.,
we’re well-practiced in following the rigors of Mechanic’s Lien Laws,
and we’ve seen the benefits first hand. Our thoroughgoing approach has
prevented significant financial loss for ZEN and for contractors working
with us, both small and large.
If you’d like to learn more about working with ZEN, please don’t
hesitate to give us a call. Contact Drew McCaffrey at
877-600-0274 today.
No matter how big or small your project:
ZEN Industries provides all or part of your HVAC
needs. HVAC ductwork manufactured according to your schedule,
meeting 3rd Edition 2005 SMACNA standards. Contact Drew McCaffrey -
Sales & Estimating at 877-600-0274.
Contact ZEN Industries today.
Return to Top
|
