Here is a great presentation on common mistakes made when considering a Mechanics Lien’s.
To summarize, here are the top mistakes :
1. They can be Complicated.
2. The Devil is in the Details. Small matters do matter here.
3. Incorrect Property Descriptions.
4. Understanding your rights to the lien
5. Trying to bundle too much into the lien
The term “mechanics lien” can get thrown around on a construction project, and sometimes, contractors and suppliers need the remedy badly to avoid a default account. The lien laws can be hyper-complex, however, which means its easy to make mistakes. …
Source: http://www.slideshare.net 2013-11-13 14:44:20 UTC