Historically, subcontractors and suppliers were compelled to sign onerous and overreaching lien waivers and releases in order to receive payment. In addition, many subcontracts contain lien waivers ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Lien rights can be one of a contractor's most important means of securing payment on any private construction project in North Carolina. Under Chapter 44A of the North Carolina Statutes, contractors ...

An expert Q&A on intercreditor agreements, which are often used in US syndicated loan transactions, including a discussion of common lien priority arrangements, drafting issues, and the American Bar ...

A property lien can be either general or specific and voluntary or involuntary. A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be ...

We go for loans when our cashflows are constrained. Loan against securities is a relatively cheaper source of funds compared to personal loans. An interest of 14 percent or more is payable on most ...

Most commercial construction companies deal with lien waivers in some form. General contractors must request, collect, and track lien waivers from everyone below them on a project. (And when we say ...