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Attend Lien Law Seminar?


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Mary's Forum Posts: 101
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By Mary in PA on 4/14/2009


I’m thinking of attending an 8:00am-4:30pm seminar called “Construction Lien Law in PA” as prep for our build. The fee is $339 (ouch) … and I’m not sure if it is more suited to builders and lawyers than O-Bs, although they do mention ‘owners’ as an afterthought. It is offered by what seems to be a ‘seminar company’ (?) for lack of a better term. Has anyone attended something like this?


Any other comments?

Thanks,

MaryS


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By Faye in Marseilles, IL on 4/14/2009


Mary,


     I have not attended any classes like this, but have owned a construction company and am very familiar with lien waivers and have also unfortunately had to file once.  Only you can decide whether your $ is best suited here but I can tell you my opinion. I am in Illinois and when I started my business, I spoke to my attorney about what I needed to do. Every state has different laws - so you should check yours.  Here a contractor needs to file the lien within 90 days of the last day they worked on the project.

     As an owner-builder, I make sure to get a lien waiver whenever I make a payout. I do partial waivers for partial or progress payments and a final waiver when I give them final payment. You can get the form from your local title company free of charge.  It is extremely important to get these waivers to protect both yourself and your lending institution.  I would say it would probably be cheaper and less time consuming to see your attorney and ask him these questions along with advice about contracts for your subs. Good Luck - Faye

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By Mary in PA on 4/16/2009


Faye,

Thanks for taking the time to post, especially with your background. I was sorta' thinking along the same lines as you. I figure I could get 1.5 hrs with a lawyer to get 'informed' on what I need to do for about the same amount of money.

Thanks!
MaryS


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