Arkansas Mechanic’s and Materialmen’s Liens
Mechanic’s and materialmen’s liens are legal tools that contractors, subcontractors, and suppliers can use to secure payment for work and materials provided to a construction project. In Arkansas, mechanic’s and materialmen’s liens are governed by specific laws and procedures, and it’s essential to understand these rules if you work in the construction industry.
What is a Mechanic’s and Materialmen’s Lien?
A mechanic’s and materialmen’s lien is a legal claim against a property that has been improved by labor or materials furnished by a contractor, subcontractor, or supplier. A lien can be filed against the property in the county where the property is located, and it creates a legal interest in the property that secures the payment of the debt owed for the labor or materials.
Mechanic’s and Materialmen’s Lien Laws in Arkansas
In Arkansas, mechanic’s and materialmen’s liens are governed by the Arkansas Property Owners’ Association Act. The Act establishes specific requirements and procedures for filing a lien and enforcing a lien, including:
- Filing deadlines: A lien must be filed within 120 days after the last day that labor or materials were furnished to the property.
- Notice requirements: A notice of the lien must be sent to the property owner within ten days of filing the lien.
- Foreclosure requirements: To enforce a lien, the lienholder must file a lawsuit to foreclose on the property within 15 months of filing the lien.
- Priority requirements: Mechanic’s and materialmen’s liens have priority over other liens, except for certain tax liens.
Working with an Arkansas Construction Law Attorney
Filing a mechanic’s and materialmen’s lien in Arkansas can be a complex process, and it’s essential to follow the proper procedures to protect your legal rights. Working with an experienced Arkansas construction law attorney can help ensure that your lien is filed correctly and that your interests are protected throughout the process. An attorney can also help you understand your options for enforcing the lien and recovering payment for the work or materials provided.
Conclusion
Mechanic’s and materialmen’s liens are legal tools that can help contractors, subcontractors, and suppliers secure payment for work and materials provided to a construction project. In Arkansas, these liens are governed by specific laws and procedures, and it’s essential to understand the requirements for filing and enforcing a lien. Working with an experienced Arkansas construction law attorney can help ensure that your lien is filed correctly and that your interests are protected throughout the process.