To provide contractors, subcontractors, materials' suppliers and vendors a legal method of guaranteeing payment for their services on construction projects, state statutes allow them to file liens ...

Most Texas contractors lose their lien rights because of preventable filing mistakes, not because they lack a valid claim.

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This article originally appeared in the December 2023 issue of Security Business magazine. When sharing, don’t forget to mention Security Business magazine on LinkedIn and @SecBusinessMag on Twitter.

Liens are creatures of statute and, as such, have been held to be in derogation of common law. The practical effect of the preceding sentence is that lien statutes that allow construction ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...