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Posts tagged "Mechanic’s Lien"

Real Estate

The rights and obligations under a condominium association are determined by Ohio law, the declaration, bylaws and rules passed by the condominium association board.  The condominium association act provides for attorney fees for the association in certain instances where the tenants violate its provisions.

Mechanic’s Lien For Contractors And Subcontractors

Mechanic’s liens can be an effective tool to collecting the money that you earned in the construction of a residential or commercial building.  A mechanic’s lien can be filed 60 days from the last date of work on a residential project, or 75 days from the last date of work on a commercial project. Because mechanic’s liens are first in time, first in right, it is important to file early if it appears that the subcontractors are not going to be paid.  In such situations, it is not unusual for numerous mechanic’s liens to be filed on the property.

Mechanic’s Lien For Property Owners

Some mechanic’s liens can be defeated easily.  The lien is technically invalid if it was filed more than 60 days from the last date of work on a residential project, or more than 75 days from the last date of work on a commercial project. The mechanic’s lien statute also has special protections for homeowners, especially if the homeowner paid the builder in full. Finally, the owner of the premises can force the holder of lien to either file a lawsuit to enforce the lien or otherwise abandon any rights held under the lien.