A Mechanics Lien Can Help You Get Paid

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Chicago, Illinois Mechanics Lien Act

Mechanics Lien Advisors in Chicago

 The Illinois Mechanics Lien Act allows general contractors and sub-contractors to issue a lien on the improved property where they provided labor or materials when the balance for services or materials was not paid.

The property may then be sold to pay the amount due. If all requirements are met the contractor of the Mechanics Lien can collect the lien amount, professional fees, costs, and attorney fees. The contractor and Mechanics lien may force the property into foreclosure in order to collect all the money due.

Mechanics Lien: General Contractor Requirements

A general contractor, stated by the Mechanic’s Lien Act, is the party that has a contract with the property owner. The liens are filed with the Recorder of Deeds in the same county as property. For example in Chicago, a Mechanics Lien must be filed as a Chicago Mechanics Lien. They would file a Chicago Mechanics Lien within four months of the last day that labor or materials were supplied. A suit must be filed within two years of the same last day. If the lien is not filed the general contractors lien will be placed at the bottom of other claims on the property.

Mechanics Lien: Sub-contractor Requirements

A sub-contractor, in the Illinois Mechanics Lien Act, is a party that has a contract with the general contractor and not with the property owner. In order to collect on a lien, the sub-contractor must give notice to the owner within 60 days of intent to file the claim if the property is a single family and occupied. For other types of properties the notice should be given within 90 days. If the intent is not provided on time, a sworn statement of the amount due from the general contractor will be needed in order to continue with the lien. Notice of intent can be given after 10 days of no payment. The sub-contractor has four months to file a lien after the last day that labor or materials were supplied to the property. Sub-contractors should file with the Record of Deeds in the country where the property sits. A suit must be filed within two years.

 

If you are in Illinois CLA Contractor’s Lien Advisors  can help you file a Chicago Mechanics Lien or a Lien in any city in Illinois.

If you have any questions about Mechanics’s Lien please call us or come to our office.

Chicago Illinois Mechanics Lien Act

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The Illinois Mechanics Act

All participants in private construction projects should have at a basic understanding of the mechanics lien process. Contractor’s Lien Advisors – We are experts on Chicago Mechanics Lien.

The Illinois Mechanics Lien Act is beneficial to contractors and those that supply materials for private construction or improvement projects. This mechanics lien act allows the contractor or supplier of materials to have a mechanics lien placed on the property that was worked on and eventually have the balance due under the lien claim ultimately paid by eventually selling the property. The Illinois Mechanics Lien Act holds the property owner to deal with a balance due to a material supplier or contractor even when said owner did not contract directly with either of these parties.

When Mechanics Lien can be used

Under the Illinois Mechanic Lien Act it is very clearly specified when liens can be used, and, because a lien carries much legal power, the lien must have exact compliance with the requirements of the Act. A general contractor must record its claim for lien in the county of the property’s location within four months of the last day of provision of materials or labor the property. Also, the general contractor must file suit within two years of the last day of supply or labor provision for the property. The contractor has four months to record its claim and if they fail to do so, it may have the lien claim enforced against the property owner. But in this event the claim is not held with priority over the claims of other parties with interest in the property, such as lenders.

The Mechanics Lien Act places more burden on parties such as subcontractors and materials suppliers to work on their lien claim because these parties are not directly in contract with the property owner. For these parties, there is the obligation to serve the owner as well as the owner’s lender with a 60-day notice of intent to lien the property if the property is occupied by a single family owner. All other types of property carry a 90-day notice requirement.

All participants in private construction projects should have at a basic understanding of the mechanics lien process. We are experts on Chicago Mechanics Lien. File Chicago Mechanics Lien with out preparation and recordation. Contractors Lien Advisors provides all services for mechanics lien including property search, preliminary notices, title search, mechanics lien release, mechanics lien waivers (both partial and full), notary public, and translations.

Contractor’s  Lien Advisors. We service 50 states and will be glad to answer all questions. Contractors that need to file a lien and receive due payment should consult our expertise on Chicago Mechanics Lien. If you are living in Chciago area, file Mechanics Lien with our assistance and services.

If Your have any questions about Mechanics’s Lien please call us or come to our office.

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