How to Bond Around a Mechanic’s Lien I received an email the other day asking if there was a standard form for bonding around a mechanic’s lien, so I thought it would be a good topic to write out how you actually go about bonding around a lien. I think the first step is looking…
What if you miss your Bond Claim Deadline?Earlier this year the Texas Supreme court ruled in favor of a supply company and the ruling has very good implications for subcontractors and suppliers. Here is an excerpt of the opinion: Chapter 2253 of the Texas Government Code, historically called the McGregor Act, requires a prime contractor…
Warning for Fraudulent Lien Laws Due to the complex nature of mechanic’s lien laws, it is highly discouraged to attempt to perfect a mechanic’s lien without the guidance of a licensed attorney specializing in Texas lien law. This includes the third-party mechanic’s lien companies that contractors will often use. Under Texas fraudulent lien law (Tex.…
Alternative to a Mechanic’s Lien – UCC Filing In this article, I want to discuss ways to perfect your security interests in fixtures and how these UCC filings help you gain priority over other potential claimants (such as banks or other lien holders). “Fixture” means goods that have become so related to particular real…
Liening Homesteaded Properties in Texas Today I would like to discuss how liens placed on homesteaded properties in Texas have different requirements than liens placed on non-homesteaded properties. Since Texas is a state that really believes in a person’s rights to preserve their homestead, there are some additional requirements that often trap unwary contractors. While…
Foreclosure of Your Mechanic’s Lien So you filed a lien on a property and now you want to know what else you might do to get paid. And the answer is it depends (I’m sure you’ve never heard that answer from an attorney!). There are a lot of factors that go into the different alternatives…
