Materialman’s Liens In Chattanooga
The Chattanooga litigation law firm of Cavett, Abbott & Weiss represents clients in all areas of construction and real property litigation, including materialman’s & mechanic’s liens. As a general rule, a materialman’s and mechanic’s lien gives labor and material providers a security interest in the real property where the labor and/or materials were used to improve the property. In Tennessee, a materialman’s and mechanic’s lien secures what is referred to as the “contract price.” This is the amount agreed upon (whether orally or in writing) by the parties to be paid for the labor and/or materials.
Subcontractors generally have no lien rights against a residential property where the owner resides or intends to reside in the property. With this primary exception, the purpose behind giving lien rights to most contractors, subcontractors, and material providers is that they should have greater rights, and a better chance of collecting their debt, than a party to a typical contract because their labor and/or materials improved the property and increased the property value.
There are a number of technical rules governing the enforcement of lien rights in Tennessee. From notice requirements, recording requirements, and continuing perfection of your lien rights, these rules must be followed in every case or valuable lien rights can be lost. Timing is important in protecting your lien rights. If you have not been promptly paid for your labor or materials, it is never too early to take the necessary steps to protect your valuable lien rights on the project. With the complexity of materialman’s and mechanics’ lien laws that apply to contractors and subcontractors, it’s imperative to consult a civil litigation attorney in Chattanooga as soon as possible. At our litigation law firm, we can evaluate your claim and recommend the best strategy to guide you to protect your lien rights and secure a favorable outcome for your construction dispute. With over 60 years of combined experience, you can be sure that you’re getting only the best legal representation.
Contact Cavett, Abbott & Weiss to discuss your Materialman’s & Mechanic’s lien rights in Chattanooga today!
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