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A lot of businesses get bonded without comprehending the exact conditions of the bond agreement. In a worst-case scenario, this could result in a surety bond claim. That is why it’s vital to comprehend how surety bonds work, and what…
When an individual owes you money and you do not receive a payment, there are several courses of action you can take. Sending letters demanding payment or hiring a collection agency can work, but if the efforts prove unsuccessful you…
A lien is a legal claim or right against a property by creditors. Finding any type of lien on a property throughout a real estate transaction could be a complete deal breaker in the sale. At a minimum, it may…
A Notice to Owner (NTO) is a written notice that officially informs the owner of a progress that the senders, typically a vendor or contractor not negotiating directly with the owner, is looking to the owner to make sure the…
If you have ever attempted to sell a or purchase home, you might be informed with property liens—which are linked to its mortgage. However, liens can additionally be put on other kinds of property, including vehicles or possibly work done…
If you’re beginning a new construction project in Valley of the Sun, then you could have “send an Arizona 20-day preliminary notice” jotted down on your schedule Even though it’s scheduled, you might not fully understand what it means, and…
A construction lien is an assertion made towards a property by builders, contractors or subcontractors that hasn’t been paid for construction completed on that property. These types of liens are created to safeguard professionals from the result of not getting…
A mechanic’s lien is an ensuring of payment to builders, contractors, and construction companies that repair or build structures. This type of lien also extends to material suppliers and subcontractors and additionally cover building repairs. The lien guarantees that the…
We like to think our home is where the heart is. However, that is not necessarily so, particularly when a lien has been placed on it, and you are the last to find out about it. In all fairness, a…
A property lien is a legal declaration on assets that permits the holder to acquire access to the property if liabilities are not paid. This type of lien is required to be filed and authorized by a state agency or county records…
The lien removal process will vary by state, but it typically involves completing appropriate paperwork and paying a fee for the new vehicle title. If you are wondering how to get a lien removed from a car title, follow this…
If a business that owes you money has been unsuccessful, one option is to place a lien on the assets of the business. As a lienholder, you gain legal rights to the company’s property, as well as the authority to…
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