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  2. What to do if your homebuilder goes out of business, before ...

    www.aol.com/homebuilder-goes-business-093000036.html

    During construction, make sure the subcontractors are being paid by obtaining copies of all lien release forms, which they should sign every time they are paid. Otherwise, they can file a lien on ...

  3. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.

  4. Mechanic's lien - Wikipedia

    en.wikipedia.org/wiki/Mechanic's_lien

    A lien release, also known as a release of lien or a cancellation of lien, is a document that may be voluntarily provided by a lien claimant, such as a subcontractor, in exchange for payment or a promise of payment from a general contractor or a property owner. Negotiations may be tricky, as lien claimants generally want to be paid before they ...

  5. Mortgage liens: What they are and how they work - AOL

    www.aol.com/finance/mortgage-liens-170517279.html

    Property tax lien: Your state or local government can issue a property tax lien for unpaid property taxes. Federal tax lien: The IRS can place a lien on your property due to failure to pay your ...

  6. Preliminary Notice - Wikipedia

    en.wikipedia.org/wiki/Preliminary_Notice

    In Mechanics lien law a Preliminary Notice (also known as a Notice to Owner, Materialmens Notice to Owner, Notice of Furnishing, Contractor/Subcontractors Notice to Owner, and others) is a notice sent by the general contractor, subcontractor, materialmen, equipment lessors or other parties to a construction project not to create a Mechanics lien but rather to establish the right to file a ...

  7. Notice of Intent to Lien - Wikipedia

    en.wikipedia.org/wiki/Notice_of_Intent_to_Lien

    In Mechanic's lien law a Notice of Intent to Lien (also known as a Notice of Intent, a Notice of Intent to File a Mechanics Lien, an intent notice, an NOI, or a notice of non-payment) is a type of preliminary notice that warns the property owner, prime contractor, and/or other party on a construction that a mechanics lien or bond claim will be filed unless overdue payments are made within a ...