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2012 SESSION

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HB 928 Mechanics' liens; allows contractors to obtain liens in amount of value of work contracted for lots.

Introduced by: L. Scott Lingamfelter | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Mechanics' liens; site development improvements.  Allows contractors to obtain a mechanics' lien in the amount of the value of the work contracted for by the claimant for site development improvements and clarifies that common areas are not to be included in the fraction used to calculate allocation of the contract amount to each individual lot or unit. The bill also specifies that any payment made to the contractor for an undesignated lot shall be applied to any lot previously sold by the developer.


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