How To eSign Hawaii Mechanic's Lien

How esign hawaii

my name is Jim - I'm a founding member of the law firm of Carlson - LLC and I'm here to talk to you today about mechanic's liens in Illinois mechanic's liens are much like mortgages you may not realize that you have a mortgage to secure your construction debt but if you have a qualifying contract to produce improvements to real estate you have or may have a mechanic's lien so what's a qualifying contract a qualifying contract is a contract to improve the real estate as that term is defined in Section one of the mechanic's lien act some improvements are obvious for example if you are installing structural steel or painting or installing electrical work these things are obvious there are things however that are not so obvious that are also provided for in section one for example land surveyors professional engineers structural engineers and architects yes even architects for buildings that don't get built are defined to improve the land under section 1 of the mechanic's lien act perfecting a mechanic's lien is not rocket science but it is extremely important that the mechanics lien be properly perfected and that all the technical requirements must be met for that reason it is important to have good experienced counsel when perfecting a mechanic's lien that materially affects the construction company's business the single most important element of properly perfecting a mechanic's lien is time for that reason it is most important that counsel as soon as conflicts are cleared be prepared to ask the following questions number one when was your last date of work on the project number two what documents do you have to support that and then number three what exactly were the workers doing and when were they doing it on the project getting the answer to the questions of time is the single most important element of perfecting a mechanic's lien now if some of the these dates are not complied with it does not necessarily mean that the lien is not perfected but you won't know that in time to do anything about it if you fail to take the proper perfection steps on the flipside properly perfecting a mechanic's lien does not necessarily ensure payment although it certainly increases the odds in many cases most importantly this gives the contractor the leverage often times to be paid on a prompt basis whether or not the contractor will be prior to the mortgage or any mortgage on the property will necessarily take an individualized analysis again my name is Jim - and I am the 2017-2018 chair of the Illinois State Bar Association's construction law section Council to learn more about the benefits of joining the is bas construction law section please visit the is ba website [Music]