Any time you start a new construction project, those working on, or supplying material or labor are required to deliver a Preliminary Notice or Notice to Owner. This notice alerts the owner of the property that someone is working on their project, and in the event that they’re not paid, they have the legal right to record a mechanic’s lien against the property. It’s essential for contractors and suppliers to send out a Preliminary Notice, if they want to ever be able to collect in the event of a non-payment. At CNS, we process thousands of notices every month and have perfected a system to give our customers efficient and accurate completed requests.
MECHANIC’S LIEN RECORDING
A Mechanic’s Lien provides the subcontractor or material supplier a right of foreclosure of the property if they are not paid and is a powerful collection tool unique to the construction industry. At CNS, we file hundreds of Mechanic’s Liens a month throughout Oregon and can record your lien without adding stress to your workload. For a list of Oregon Counties and how to record a mechanics lien in each one, click here!
Filing a bond claim is common across many states, including Oregon. It’s an assurance used on state public works, and large commercial or residential jobs. In the event that the general contractor fails to fulfill its obligations, the bond will be used to pay the suppliers, subcontractors, and ultimately finish the project.
Enacted in 1935, the Miller Act requires general contractors of Federal construction projects to post Performance Bonds and Payment Bonds (“PNP Bonds”) to guarantee the performance of their contractual duties and the payment to subcontractors and material suppliers. Miller Act bond claims are universal across all states, although the nuances of state-specific Little Miller Acts may vary.
Once you receive payment and you no longer need the lien recorded, CNS can help you release your lien. If you are told to release the lien by an attorney or judge after the lien has been paid or timeframes have expired, and you do not do so, you may face penalties, avoid these by having CNS timely release your lien.