What is the minimum amount for a mechanics lien?
In general, no such minimums exist. While this is the general rule, it is important to consult each states laws to verify that it doesnt have an odd-ball rule restricting small value liens. In theory, therefore, you could file a mechanics lien in almost every state claiming as little as a single dollar.
Is Alaska a tax lien state?
Tax deed states are Alaska, Arkansas, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Kansas, Maine, Michigan, Missouri, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia,
Can a contractor put a lien on my house without me knowing?
Creditors know that putting a lien on your property is a cheap and almost guaranteed way of collecting the debt theyre owed. In some states, contractors and subcontractors must notify the property owner before filing a lien, but in other states property liens can be filed without any notice to the owner.
What is the difference between a mechanics lien and a regular lien?
While mortgage liens secure the repayment of a loan used to purchase a property, mechanics liens secure payment for labor, materials, or services provided for the improvement of the property itself.
How long is a lien good for in Alaska?
Mechanics liens in Alaska are effective for 6 months from the filing date. Unless you extend the lien within that 6 months, you must enforce your claim (if necessary) within that time frame. If you get paid before then, its a good practice to release the lien claim.
