Do You Have a Right to a Mechanic’s Lien?

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 Mechanic’s Lien requires very strict adherence to the requirements of Colorado’s Mechanic’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 a mechanic’s lien foreclosure.

For more information about creation, perfection and enforcement of Mechanic’s Liens, please call or visit us today.

Posted in General Law Tips