What is a Notice to Owner

What is a Notice to Owner?

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 senders is paid prior to payment being made to the contractor on the project. Some…

What is a Lien?

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 on your home. What is a lien? And how do you get one taken off?…

What Is a Construction Lien?

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 paid for services provided. A construction lien is going to make it challenging or not…

Mechanic’s Lien

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 workmen get paid prior to anyone else in case of a liquidation. Understanding a Mechanic’s…

How To Put A Lien On A House

Putting A Lien On A House In 5 Steps

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 can always file a lawsuit against the debtor. You can then use a court judgement…

How Do I Get A Lien Removed From Car Title?

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 guide. What Is A Car Lien? If you have been approved for financing to purchase…

How To Put A Lien On A Business

How To Put A Lien On A Business

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 sell the property. Steps To Placing A Lien On A Business Before placing the lien,…

What is Preliminary Notice?

Unless you’ve been super lucky as a tradesman or contractor, you’ve most likely dealt with trying to get paid for your work. The realistic fact is that there are project owners that are sluggish to pay – or simply decline to pay To safeguard contractors and other craftsman, each state provides legal refuge through a…