If you have done work or supplied materials contributing to any improvement to real property within the State of Colorado – with or without a contract – and have not received payment, you may have the right to collect payment for your materials or work by recording and foreclosing a mechanic’s lien. Perfection and enforcement of a Lien requires very strict adherence to the requirements of Colorado’s Lien Statute. Failure to meet deadlines and adhere to technical legal requirements can invalidate a mechanic’s lien.
Homeowners who have paid the full contract price for construction of their home may in some circumstances defeat a mechanic’s lien and, sometimes, recover attorney fees for the costs of defending against the lien’s foreclosure.
For more information about creation, perfection and enforcement of Mechanic’s Liens, please call or visit us today.