This seminar is designed for attorneys, presidents and vice presidents, accountants, controllers, construction and project managers, business owners and managers, credit managers, lenders, architects, engineers, principals, contractors, subcontractors and developers.
When the work is finished, the most pressing issue for contractors, subcontractors, suppliers and design professionals is to get paid. On the other hand, owners, developers and lenders want to make sure they are not required to pay twice for the same labor and materials. The laws related to these competing interests must be understood to avoid substantial financial losses.
It is the goal of this seminar to provide those who work in construction-related jobs with the Nevada law, forms, techniques and strategies to properly create and preserve your mechanics’ lien rights.
This course will cover the following topics:
• Introduction To Mechanics Liens
• Who Has The Right To Assert A Mechanics Lien?
• Pre-Lien Notices (Who Has To Give Them, When And Why)
• How To Perfect A Mechanics Lien
• How To Enforce A Perfected Mechanics Lien
• How To Bond Around A Mechanics Lien
• Wrongful Mechanics Liens
• Bankruptcy Issues And Mechanics Liens
• What To Do If You Fail To Perfect Your Mechanics Lien Rights
• Liens On Public Works Projects
8:30 a.m. - 10:30 a.m.
II. Introduction To Mechanics Liens
A. What Is A Mechanics Lien?
B. Brief History Of Mechanics Liens
III. The Basic Mechanics Of Mechanics Liens
A. Persons Entitled To A Lien
B. What Property Is Subject To A Lien?
C. The Amount Of The Lien
D. Lien Priorities
1. Lien Claimants vs. Lenders
2. Lien Claimants vs. Lien Claimants
E. Waivers And Releases Of Liens
F. Bonding Off A Lien
10:30 a.m. - 10:40 a.m.
10:40 a.m. - 12:00 p.m.
IV. How To Perfect A Mechanics Lien
A. Pre-Lien Notices
B. Contractor’s Notice To Owner
C. Notice Of Lien
D. What If I Fail To Perfect My Mechanics Lien Rights?
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:00 p.m.
V. How To Enforce A Mechanics Lien
A. Duration Of Lien
B. Lien Foreclosure Actions
1. Is It Possible To Extend The Lien Deadlines?
C. Judgment And Foreclosure Sales
D. Actions On Lien Release Bonds
2:00 p.m. - 2:20 p.m.
VI. Wrongful Liens
A. Frivolous Or Excessive Liens
B. Slander Of Title
C. Lis Pendens
2:20 p.m. - 2:30 p.m.
2:30 p.m. - 3:00 p.m.
VII. Bankruptcy Concerns
3:00 p.m. - 4:30 p.m.
VIII. Government Public Works Projects
A. State Public Works Projects
B. Federal Public Works Projects – The Miller Act
IX. Questions And Answers