Jacqueline Feliciano | Adams and Reese Earlier this month, House Bill 331 was signed by Florida Gov. Ron DeSantis. House Bill 331 revises several provisions of Florida’s Construction Lien Law, which is codified in Chapter 713, Part I of the Florida Statutes. Becoming familiar with these changes is crucial as they are set to take… Continue reading Florida’s Lien Law is Under Construction
Category: Mechanics Lien Law
Protecting and Perfecting Your Mechanics Lien when the Property Owner Files Bankruptcy
William L. Porter | Porter Law Group Introduction/Overview of the Mechanics Lien Law The California mechanics lien is a powerful tool for contractors, subcontractors and materials suppliers to secure payment of unpaid construction debts. A contractor, subcontractor or materials supplier is allowed to record a mechanics lien on real property, based on the value added… Continue reading Protecting and Perfecting Your Mechanics Lien when the Property Owner Files Bankruptcy
Florida Enacts Changes to Construction Lien Law
Joy Lundeen and Kelly Melchiondo | Bilzin Sumberg On June 12, 2023, Florida Governor Ron DeSantis signed into law House Bill 331, which significantly modifies Florida’s Construction Lien Law, Chapter 713, Florida Statutes. Among the amendments that will take effect on October 1, 2023 is a new requirement that a lienor notify both a contractor and… Continue reading Florida Enacts Changes to Construction Lien Law
Coverage Construction: Arizona Supreme Court’s Osborn III Opinion
Creighton Dixon, Jeffrey Porter and Lynsie Zona | Snell & Wilmer In Fidelity National v. Osborn III Partners LLC, the Arizona Supreme Court recently decided the question of whether mechanics’ liens filed by a general contractor are a construction lender’s “own darn fault” if the liens result in part from the lender discontinuing advances of loan… Continue reading Coverage Construction: Arizona Supreme Court’s Osborn III Opinion
Filing Motion to Increase Lien Transfer Bond (Before Trial Court Loses Jurisdiction Over Final Judgment)
David Adelstein | Florida Construction Legal Updates If a construction lien is recorded against real property, the lien can be transferred to a lien transfer bond. This transfers the security or collateral of the construction lien from the real property to the lien transfer bond. The lien transfer bond can be a bond posted by a surety company… Continue reading Filing Motion to Increase Lien Transfer Bond (Before Trial Court Loses Jurisdiction Over Final Judgment)