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Mechanics' Liens in Minnesota. (Construction Corner).
Introduction
Nearly two thousand years ago the Greek philosopher Plutarch wrote, "Men who love building are their own undoers, and need no other enemies." Many an ancient aristocrat blew the budget building his palace. We can imagine all too clearly the financial chaos, which must have resulted to the contractors and suppliers. Two thousand years later, there is still allure and peril in construction. Hopefully, however, we have gotten smarter about managing the risks.
The Romans invented a type of mechanic's lien to protect workmen and suppliers. Thomas Jefferson borrowed the idea to help with the building of Washington, D.C. Minnesota adopted its ...
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...privity with the owner), "second-tier...Longstanding Mechanics' Lien Law, which, while fulfilling...of the Mechanics' Lien Law, and to a lesser...written demand of the owner to file the suit...asserted, including owners, will be forced...
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...I do feel that most owners act in good faith; disputes...equal footing with the owner." Mr. Samuels said that without the lien law, "the owner has 100% of the cards. A lien is not something most owners want on a title; it...
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...delinquent homeowners. The lien law, enacted in 1985...must give a property owner written notice of...delinquent property owner notifying him of an...sufficient to get an owner to pay. He contended that the lien law gives a homeowner...
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- Magazine article from: Crain's Cleveland Business Jurek, Ken March 2, 1992 700+ words
...Ohio Mechanic's Lien Law, which dramatically...on which property owners, contractors, subcontractors...payment from the owner directly to satisfy...language notifying the owner that he may need...Ohio Mechanic's Lien Law. The new law applies...is built for the owner's ...
Source: HighBeam Research, Mechanics' Liens in Minnesota. (Construction Corner).