If not paid for their work, tenants' contractors and their subcontractors are entitled to register a construction lien against the tenant's interest in the leased property. Unfortunately but realistically, the leasehold interest of a tenant who is not paying its bills usually has little value to the unpaid contractors and subcontractors. For this reason, tenants' contractors frequently register construction liens against the landlord's interest in the property. Can they do that?
Read the full article here: There is a Construction Lien on my Property- July 23-2004
The information contained in this article is provided for general informational purposes only and does not constitute legal advice. No recipient of this content should act, or refrain from acting, based on any information included without seeking appropriate legal or other professional advice on the particular facts and circumstances at issue.
