A mechanic's lien guarantees payment to builders, contractors, or construction firms that build or repair structures and other stakeholders involved in a construction project in the event of a liquidation. Mechanic's liens are often necessary to secure construction help on a project.
A type of lien that gives a security interest in property to someone who supplies materials used during work performed on that property.
As is true in most areas of law, the short answer is “it depends.”
In the simplest terms, Georgia requires that you must take two steps in order to keep your construction lien enforceable for longer than one year. First, a lawsuit must be filed against the party who owes you money within one year of the date on which your lien was filed (“Lawsuit”).
Second, within 30 days of filing your Lawsuit, you must file a document officially called a Notice of Filing of Action for Claim on Mechanics and Materialmen’s Liens (which we frequently refer to as a “Notice of Action”).
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