mechanic's lien

     

A mechanic's lien is a security interest in the title to property for the benefit of those who have supplie labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien. It is also called a materialman's lien or supplier's lien when referring to those supplying materials, a laborer's lien when referring to those supplying labor, and a design professional's lien when referring to architects or designers who contribute to a work of improvement. In the realm of personal property, it is also called an artisan's lien. The term "lien" comes from a French root (via William the Conqueror), with a meaning similar to link; it is related to "liaison." Mechanics liens on property in the United States date from the 1700s.

Trivia about mechanic's lien

  • Failure to pay a building contractor may result in his leaning on you with this type of lien

Found pages about mechanic's lien