Lienor

In law, a lien (UK /ˈliːən/ or US /ˈliːn/) is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation. The owner of the property, who grants the lien, is referred to as the lienor and the person who has the benefit of the lien is referred to as the lienee.The etymological root is Anglo-French lien, loyen "bond", "restraint", from Latin ligamen, from ligare "to bind".In the United States, the term lien generally refers to a wide range of encumbrances and would include other forms of mortgage or charge.
Posts about Lienor
  • QUICK NOTE: NOTICE OF CONTEST OF CLAIM AGAINST PAYMENT BOND

    … On private jobs where the general contractor has an unconditional payment bond, subcontractors, sub-subcontractors and suppliers need to serve a notice of nonpayment to preserve payment bond rights. Just like an owner can record a Notice of Contest of Lien to shorten a lienor’s statute of limitations to foreclose the lien to 60 days…

    Florida Construction Legal Updates- 10 readers -
  • ARE YOU A CONSTRUCTION LIENOR?

    …). This definition would not include a labor company. A materialman (supplier) furnishes materials to an owner, contractor, subcontractor, or sub-subcontractor but does not perform labor. Fla. Stat. s. 713.01(20). This includes a supplier of rental equipment. Fla. Stat. s. 713.01(13). A professional lienor is an architect, landscape architect, engineer…

    Florida Construction Legal Updates- 11 readers -
  • FLORIDA’S LIEN LAW AND SUBSTANTIAL COMPLIANCE VS. STRICT COMPLIANCE

    … for a $32,000 lien. Obviously, strict compliance is always best to avoid dealing with these technical arguments. For this reason, there is always value consulting with an attorney regarding perfecting and preserving your lien rights. Please contact David Adelstein at dadelstein@gmail.com or (954) 361-4720 if you have questions or would like more information regarding this article. You can follow David Adelstein on Twitter @DavidAdelstein1. …

    Florida Construction Legal Updates- 15 readers -
  • FINAL FURNISHING DATE IS A QUESTION OF FACT

    … Construction liens need to be recorded within 90 days from the lienor’s final furnishing date on the project. This date is exclusive of punchlist or warranty work. The final furnishing date needs to be proven at trial to establish that the construction lien was timely recorded. If there is an evidentiary dispute as the final furnishing date…

    Florida Construction Legal Updates- 11 readers -