mechanics lien definition

mechanics lien definition

Glossary: mechanics lien

A lien created by statute for the purpose of securing priority of payment for the price or value of work performed and materials furnished in construction or repair of improvements to land and which attaches to the land as well as the improvements.


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Business Consulting

Definition: mechanics lien

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The factor manages your invoices and provides you with credit control and collection services of all your outstanding debts.

Factoring Glossary - Define: mechanics lien - 2004 HJ Ventures International, Inc.