Billd Teams Up with American Express to Help Suppliers Extend Flexible Finance Terms Across U.S. Construction Industry
A legal claim by contractors, subcontractors, or suppliers against a property to secure payment for work performed or materials provided.
A Mechanics Lien is a legal claim filed by a contractor, subcontractor, or supplier against a property to secure payment for labor, materials, or services provided. It provides a legal remedy to ensure that parties involved in the construction or renovation of a property are compensated for their work. A mechanics lien typically attaches to the property itself and can impact the property's title and ability to be sold until the lien is resolved.
Legal claim against a property for unpaid construction work.
