mechanic's lien (Meaning)
Wordnet
mechanic's lien (n)
lien to secure payment for work and materials in erecting or repairing a building or other structure
Synonyms & Antonyms of mechanic's lien
No Synonyms and anytonyms found
mechanic's lien Sentence Examples
- The contractor filed a mechanic's lien against the property due to unpaid wages.
- The mechanic's lien secured the contractor's claim to payment for labor and materials provided.
- The mechanic's lien created a legal interest in the property, ensuring the contractor's priority over other creditors.
- The homeowner was notified of the mechanic's lien and had a legal obligation to satisfy the debt.
- The foreclosure of the mechanic's lien resulted in the sale of the property to cover the unpaid balance.
- The mechanic's lien acted as a valuable tool for contractors to protect their payment rights.
- The mechanic's lien could be discharged upon full payment of the debt or by agreement with the contractor.
- The mechanic's lien provided peace of mind to contractors, knowing that their work would not go unpaid.
- The time limit for filing a mechanic's lien varied from state to state, so contractors needed to be aware of local regulations.
- The mechanic's lien process helped to ensure that all parties involved in construction projects were fairly compensated.
FAQs About the word mechanic's lien
lien to secure payment for work and materials in erecting or repairing a building or other structure
No synonyms found.
No antonyms found.
The contractor filed a mechanic's lien against the property due to unpaid wages.
The mechanic's lien secured the contractor's claim to payment for labor and materials provided.
The mechanic's lien created a legal interest in the property, ensuring the contractor's priority over other creditors.
The homeowner was notified of the mechanic's lien and had a legal obligation to satisfy the debt.
