So you missed your lien deadline and you’re a general contractor. Well, as long as the property has no been sold, you can still protect your interest. You should file your lien as quickly as possible.
Many contractors seem to understand their deadlines to file their lien but few know their notice deadlines. The notice deadlines are just as important as lien deadlines because they are both fatal to your lien.
People tend to freak out when a mechanic’s lien is filed on a project. Of course liens are never a good thing but they are not the end of the world. Calm down… you’ve got options.
You have to be careful when doing residential projects. First, residential jobs generally come with a higher risk of litigation because a great deal of protection is given to homeowners and consumers under the Deceptive Trade Practices Act. Secondly, in Texas, the Property Code requires that you jump through extra hoops to perfect a lien…
This article will be the first of a series of articles on the Statutory Mechanic’s Lien. We will discuss the process of filing and perfecting the lien under The Texas Property Code. We will also discuss some common errors that occur when filing and how those errors could result in major problems for your company….