Who can register a construction lien?
October 8, 2021
Christian Jannetta
Legal Moment
Legal Moment on 980 CFPL
Transcript
| [phone ringing] | |
| Receptionist: | Cohen Highley |
| Announcer: | And now the Cohen Highley Legal Moment on 980 CFPL. |
| Announcer: | I’m with Christian Jannetta from Cohen Highley Lawyers. Who can register a construction lien? |
| Christian Jannetta: | Anyone who provides labor or materials to an improvement to a property has an automatic right to a construction lien against that property. A claim for lien can be made when such a party is not fully paid for their work. |
| Announcer: | So what qualifies as an improvement? |
| Christian Jannetta: | An improvement is something that benefits or increases the value of land, such as construction, renovation, alteration, or demolition. To qualify as an improvement, the project must be of a permanent nature. |
| Announcer: | What impact does a lien have? |
| Christian Jannetta: | A lien is a charge on the title of the property that secures any outstanding payments for work done on the improvement. It’s a powerful remedy. It will impact an owners ability to sell or refinance the property, and a successful lien claimant can ultimately apply to have the property sold and collect its account from the sale proceeds. |
| Announcer: | Thanks Christian. This has been the Cohen Highley Legal Moment. |
| [Music] | |
| Singers: | Cohen Highley, we’re listening. cohenhighley.com |
