The filing of a Colorado mechanic's lien can sometimes be rather tricky. So it's important to get our arms around the requirements. A Colorado mechanic’s lien is primarily for general contractors, subcontractors, laborers, as well as material/equipment suppliers. But there can also be recording for architects, engineers and draftsmen. These are people who are involved in the supplying of designs, plans, plats, maps, specifications, drawings, estimates of cost, surveys, illustrating or superintendence, or who have rendered other professional or skilled ...
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We are all familiar with the strict time limitations in recording your mechanic's lien. So for example, if you have to file it within 90 days after completion (this is an example only), many people wait until the last moment to do the recording in the clerk's office. But is this a good idea? It is highly recommended that the mechanic's lien be recorded sooner instead of later. A good guideline is if nonpayment has not been made within 30 ...
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As most of us know by now, before recording your Arizona mechanic's lien, all general contractors, subcontractors, and suppliers must first serve a preliminary 20 day notice. One of the issues is the amount to be inserted in that notice. Feel free to make an estimate of the amount of your contract to be inserted in the Pre-Lien Notice and you are protected up to 120% of the amount. But if you exceed the amount originally stated, for example, an ...
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