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
