Rationale for statutory mechanics lien release bonds
By W. Matthew Bryant
Construction Law,
October 2014
Although mechanics liens are intended to protect those who provide work and improve the value of real property, the mechanics lien can be used as a method of obtaining leverage for a lien claimant out of proportion to the amount of the lien claim.
Navigating mechanics liens through hostile “ground lease” territory
By Phillip R. Van Ness
Real Estate Law,
October 2011
Most real estate practitioners are well acquainted with the common “Ground Lease” and the even more common Mechanics’ Lien. But reconciling these stalwart fixtures of real property law can pose practical problems which are magnified in the current real estate market.
Death of the mechanic’s lien?
By Richard C. Jones, Jr.
Real Estate Law,
May 2011
As a result of LaSalle Bank National Association v. Cypress Creek I, LP, the mechanic’s lien no longer provides protection to contractors.
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