Liens - PowerPoint PPT Presentation

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Liens

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Title: PowerPoint Presentation Author: Freelance Designer Last modified by: Wildcat Created Date: 8/16/2006 6:18:01 PM Document presentation format – PowerPoint PPT presentation

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Title: Liens


1
  • Liens

2
Types of Liens
  • Statutory lien
  • Equitable lien
  • Contractual lien
  • Voluntary vs. involuntary lien
  • Mechanics or materials lien
  • Judicial lien
  • Tax lien
  • Artisans lien

3
Parties to a Lien
  • Lienor one who attaches a lien
  • Lienee party whose property is subject to the
    lien

4
Types of Mechanics Lien Statutes
  • Consent statutes
  • Contract statutes

5
Basics of Mechanics Lien Rights
  • What property is subject to liens?
  • All real property
  • Exemptions
  • Public property
  • Railways
  • Property devoted to public use
  • Property of quasi-public corporations

6
Basics of Mechanics Lien Rights
  • Who can claim liens?
  • Original or principal contractors
  • Subcontractors
  • Persons supplying labor
  • Persons supplying materials
  • Types of claims
  • Written contracts
  • Implied contracts (some states)

7
More Issues Involving Mechanics Liens
  • Mechanics liens and fixture filings
  • Mechanics liens and homestead exemption
  • Mechanics liens and mortgages
  • Termination of mechanics liens
  • Waiver or release by agreement
  • Constitutionality of mechanics liens
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