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Save Mechanic'S Lien in Excel

Save Mechanic'S Lien in Excel

Aug 6th, 2022

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How to Save Mechanic'S Lien in Excel

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In this video, Mike Stewart, a construction lawyer, explains builders' liens, emphasizing their importance for contractors seeking payment. Builders' liens are established under the Builders Lien Act, which outlines who can file a lien based on the type of work performed. Contractors can typically file a lien on a property, allowing them to place a charge on the title. This lien can hinder the property owner's ability to transact, as lenders will notice it when financing. Consequently, property owners may be prompted to resolve the lien by paying the contractor or the holdback amount to clear the title and continue with their financing.

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