Are you a builder or an independent contractor having difficulty collecting bills?
At SIRI LAW, we encourage professionals to know and protect their rights.
A construction lien is a claim made against a property by anyone who has supplied services or materials to improve the property.
Construction liens are a power remedy designed to protect professionals from not being compensated for services rendered.
A construction lien makes it difficult to refinance or sell a property due to the lien put on the title of the property.
To provide the compensation, a forced sale of the house can occur, in a worst-case scenario.
Current Construction Act states:
the lien of a contractor,
(a) for services or materials supplied to an improvement on or before the date certified or declared to be the date of the substantial performance of the contract, expires at the conclusion of the 60-day period next following the occurrence of the earlier of,
(i) the date on which a copy of the certificate or declaration of the substantial performance of the contract is published as provided in section 32 , and
(ii) the date the contract is completed, abandoned or terminated; and
(b) for services or materials supplied to the improvement where there is no certification or declaration of the substantial performance of the contract, or for services or materials supplied to the improvement after the date certified or declared to be the date of substantial performance, expires at the conclusion of the 60-day period next following the occurrence of the earlier of,
(i) the date the contract is completed, and
(ii) the date the contract is abandoned or terminated.
Even if the 60-day deadline has expired, there are other solutions.
We use an escalation strategy to help you get paid, starting at $300.00/h.