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Mechanic`s Lien I

By
Mortgage and Lending with Nationwide Funding Group

Mechanic`s  liens may be placed against a property by anyone who supplies labor, services, or materials used for improvements on real property and who did not recieve payment for the improvements. Therefore, a  contractor, sub-contractor, a laborer on a job, any person who furnishes materials such as lumber, plumbing or roofing, or anyone who furnishes services such as an architect, engineer, teamster or equipment lessor is eligible to file a mechanic`s lien.

A mechanic`s lien must be verified and recorded. The law is very time specific about the recording here in California.  

The formal statutory procedure must be followed in the exact manner if the mechanic`s lien is going to be deemed valid :

(1) The Preliminary Notice

(2) The Notice of Completion

(3) No Notice of Completion

(4) Foreclosure Action

These procedures will be explained in detail in my next blog.

The last time i refinanced my home in the fall of 2005 i actually had a mechanic`s lien placed on my property that i didnt know of from a contractor that had done some minor concrete work. He only placed it for $45.36 and he never returned my phone call when i asked him why did he placed that on title since i paid him in full. He spent more on gas money from his F-550 supercab truck to drive to the courthouse to place this lien than what he made when i paid him out with the refinance. But hey people are people what can you say :-)

Jay Thompson
Zillow - Seattle, WA

 A mech's lien for $45 bucks? Ridiculous.


That your kid Eddy? Looks pretty fresh, congrats!!

 

A world record for blog commenting!

http://www.ThompsonsRealty.com
http://www.PhoenixRealEstateGuy.com

 

Dec 13, 2006 07:55 PM
Gena Riede
Riede Real Estate, Lic. 01310792 - Sacramento, CA
Real Estate Broker - Sacramento CA Real Estate (916) 417-2699
Eddy, very good. I am going to place this link on my other blog as well since I will be talking about remodels and contractors and licensing.
Dec 16, 2006 02:58 AM