Determine Your Chances of Getting Paid
We created this assessment to increase the chances that contractors get paid on-time, in full, and reduce the risk of going to court to fight for their due earnings.
Plan ahead to increase your chances of getting paid.
Pre-Lien Notices
A Pre-Lien Notice is a document that notifies all interested parties that you have provided labor and/or materials for their property. The Pre-Lien is normally served to the general contractor, property owner, or construction lender as legal notification that you have the right to file a mechanic lien.
Mechanic Liens
Mechanic Liens are a superpower used by subcontractors and suppliers when they haven't received payment for the work they completed on a project. Liens help contractors foreclose on the property and have it sold to pay the property’s debts, including the amount owed to the contractor.
Contracts
No two contracts look the same. In order to protect your business, time, and money in the most effective way possible, take the time to make sure you have thorough legal documents. Strong contracts detail your agreements and reduce the chances that you’ll end up in court.
To learn more about these topics, head to our blog, or contact Eric Daffern.
If you’re a business owner in need of legal advice on contracts, liens, or overall best business practices, visit our blog today. We’ll share tools and strategies that increase the chances that you’ll get paid and reduce your chances of going to court.