Steps to Protecting Your Interests Under Mechanic's Line Or Stop Notice Statutes

Steps To Protecting Your Interests
Under Mechanic's Line Or Stop Notice Statutes


I.GENERAL CONTRACTOR AND SUBCONTRACTOR AND SUPPLIER

First Step:

Prepare and Serve Preliminary Lien Notice

Who

When

Why

What

Second Step:

Execute Lien Releases with Caution

Who

What

When

Why

Third Step:

Record Mechanic's Lien

Who

When

What

Why

Fourth Step:

Prepare and Serve Stop Notice

Fifth Step:

Foreclose on Mechanic's Lien and/or Enforce Stop Notice

Who

What

When

Why

II.OWNER

First Step:

Consider Obtaining a Payment Bond

Who

When

What

Why

Second Step:

If Applicable Consider Recording Notice of Non-Responsibility

Who

What

When

Why

Third Step:

Obtain Lien Releases

Who

What

When

Why

Fourth Step:

Record Notice of Completion or Notice of Cessation

Who

What

When

Why