Construction lien
Term · Law · MLC-T-LAW-001223
A legal claim against real property, also known as a mechanic's lien, that secures payment for labor, materials, or services provided for the improvement of that property. It allows contractors, subcontractors, and suppliers to place a lien on the property if they are not paid for their work. The specific requirements for filing and enforcing a construction lien vary by state law.
| Identifier | MLC-T-LAW-001223 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001223",
"term": "Construction lien",
"field": "Law",
"definition": "A legal claim against real property, also known as a mechanic's lien, that secures payment for labor, materials, or services provided for the improvement of that property. It allows contractors, subcontractors, and suppliers to place a lien on the property if they are not paid for their work. The specific requirements for filing and enforcing a construction lien vary by state law.",
"url": "https://mlchart.com/terminology/law/construction-lien/"
}
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