Get Illinois General Contractor's Lien - Notice Of Lien - Mechanic Liens - Corporation

Priority Of Mechanics Liens In Illinois Mechanics liens have priority over mortgages that were recorded before the date of the contract to the extent that the value of the property was increased based on the work in question.

Filing Suit to Enforce a Mechanic's Lien Contractors and subcontractors must file suit to enforce a mechanic's lien within two years of the last date of work. Note that the owner has the option to accelerate this deadline if the owner disputes the contractor's or subcontractor's entitlement to additional payment.

An Illinois Notice of Intent to Lien, also known as a “90-day Notice,” is a critical step to secure your Illinois mechanics lien rights on a private construction project. This Illinois lien notice form is required to be sent by any potential lien claimants who did not contract directly with the property owner.

An Illinois Notice of Intent to Lien, also known as a “90-day Notice,” is a critical step to secure your Illinois mechanics lien rights on a private construction project. This Illinois lien notice form is required to be sent by any potential lien claimants who did not contract directly with the property owner.

Contractors, as well as subcontractors and material suppliers can file an Illinois construction lien. If a company does not have a contract with the owner or with the contractor, they are not eligible to file an Illinois mechanics lien claim.

‍In order for either a Contractor or Subcontractor Mechanics Lien to be valid, there must be a valid contract between the general contractor and the owner or an agent of the owner. An oral contract is sufficient to satisfy this requirement. Suppose the property is jointly owned and the contract is with only one owner.

The mechanic's lien process MAY NOT begin until 60 days has lapsed without service payment for liens of $2,000 or less, or until 30 days has lapsed without service payment for liens of more than $2,000. A mechanic's lien transaction in violation of these provisions of the Illinois Compiled Statutes will be returned.

The mechanic's lien process MAY NOT begin until 60 days has lapsed without service payment for liens of $2,000 or less, or until 30 days has lapsed without service payment for liens of more than $2,000. A mechanic's lien transaction in violation of these provisions of the Illinois Compiled Statutes will be returned.