Learn how to handle mechanics and storage liens, from removing unpaid vehicles off your lot to securing payment for completed repairs. Ideal for auctions, dealerships, and repair shops., A mechanic’s lien is a type of guarantee of payment to builders, contractors, and construction firms. These lines ensure that the working parties are paid before anyone else, should liquidation occur. A mechanic’s lien may also be extended to material suppliers, subcontractors, and building repairs., Discovering a mechanics lien on your property title can ruin your whole day, and your bank balance. Every day unsuspecting property owners who trusted construction work they hired out was complete and all parties paid – learn differently., A mechanic's lien gets recorded with land records and shows up on a property's title search, which is a legal examination of public records to determine the legal ownership of a property., A mechanics’ lien is a legal claim placed on a property by a contractor, subcontractor, or supplier who has performed work or supplied materials but has not been paid., Addressing recorded Mechanic’s Liens requires a tailored approach, often involving securing a bond to hold funds while resolving the lien or negotiating indemnity agreements..