The Real Estate Encyclopedia
Mechanics lien
Category - Real Estate Glossary - Real Estate Terminology
A lien on real property, created by statue in many years, in favor of persons supplying materials or labor for a building or structure, for the value of labor or materials supplied by them. In some jurisdictions, a mechanics lien also exists for the value of professional services. Clear title to the property cannot be obtained until the claim for the labor, materials, or professional services is settled. Timely filing is essential to support the encumbrance, and prescribed filing dates vary by jurisdiction.
 
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Real Estate Glossary - Real Estate Terminology
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