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Foreclosure Mechanics California

State:
California
Control #:
CA-01910BG
Format:
Word
Instant download

Description Mechanics Lien

The Mechanic's Lien remedy was created to ensure that a designer, contractor or supplier who contributes to a work of improvement will be paid; as his contribution increases the value of the improved property. Sometimes referred to as a Construction Lien, the Mechanic's Lien creates a security interest in real property for the benefit of those who have supplied labor or materials to improve that property.

Claimants are entitled to a Mechanic's Lien if:

1. The claimant contributed labor, services, equipment, or material to a work of improvement;
2. The work of improvement is permanent; and
3. The work was performed with consent of the owner or owner's agent ("agent" being one who has charge of the work of improvement or a portion of it, e.g. contractor, architect, etc.).

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Foreclosure Mechanics California