Special Report on
Oregon Construction Lien Laws
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We are in the process of purchasing a REO property without Final Permint / Certificate of Occupancy. The house was build in 2006 while the builder occupied it for several months in 2007. The builder never filed and obtained the final permit. Lets assume that I took ownership of the property as is and obtained the final permit. I would like to know if it is possible for constractors or subcontractors to file lien against the property or to the new owner once final permit / certificate of occuancy is obtained. Under what situation can sub-contractors or other parties file lien claim agains the new owner. What other legals ...
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Realty Times - Oregon Construction Lien Laws: A Summary for Investors
George was the owner of the 30,000 square foot Mercury Office Building. When he bought the building, he established that there was extra land for him to build an expansion of 5000 sq.feet. His key tenant, Mercury Running Shoes, was growing and if he did not expand the building, they were not going to renew their lease. He hired Meyer and Meyer architects to prepare the drawings, and Todd Smith Construction to build the expansion. The president of Mercury was very excited about the expansion and agreed to the drawings as well as the increased rent. He also naturally agreed to have his company's name on the building! ...
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refers to the act of foreign nationals violating U.S. immigration policies and national laws by entering or remaining in the United States without proper permission from the United States government. The illegal immigrant population of the United States in 2008 was estimated by the Center for Immigration Studies to be about 11 million people, down from 12.5 million people in 2007. According to a Pew Hispanic Center report, in 2005, 57% of illegal immigrants were from Mexico ; 24% were from other Latin American countries, primarily from Central America ; 1 9% were from Asia; 6% were from Europe; and 4% were from the rest of the ...
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George was the owner of the 30,000 square foot Mercury Office Building. When he bought the building, he established that there was extra land for him to build an expansion of 5000 sq.feet. His key tenant, Mercury Running Shoes, was growing and if he did not expand the building, they were not going to renew their lease. He hired Meyer and Meyer architects to prepare the drawings, and Todd Smith Construction to build the expansion. The president of Mercury was very excited about the expansion and agreed to the drawings as well as the increased rent. He also naturally agreed to have his ... Read More
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REVIEWS AND OPINIONS
A mechanic’s lien is somewhat of a misnomer. It has nothing to do with auto mechanics. Rather, it’s a type of lien that general contractors, subcontractors and construction materials suppliers are allowed to record against a homeowner’s property to secure the payment of services, labor or materials. A mechanic’s lien creates a cloud on the title of real estate where their work, material, or services were provided. Unlike most other liens, a mechanic’s lien does not require court approval. That’s why it is a very powerful tool for construction professionals to ensure that they are paid for their work, ...
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Negotiating sovereignty and human rights : international society and the International Criminal Court / Sibylle Scheipers. Publisher: Manchester : Manchester University Press, 2009. Description: viii, 168 p. : ill. ; 24 cm. Subject: International Criminal Court. Subject: International relations. Subject: Sovereignty. Subject: Human rights. K 87 W44 2010 Title: Finding & managing legal information on the Internet / David P. Whelan. Publisher: Aurora, Ont. : Canada Law Book, c2010. Description: viii, 179 p. : ill. ; 23 cm. Subject: Information storage and retrieval systems–Law. Subject: Law–Computer network resources. ...
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OREGON CONSTRUCTION LIEN LAWS
A few weeks ago I had the honor of attending the national Institute of Real Estate Management (IREM) Forecast Breakfast. As luck would have it, the meeting was located here in Portland where I
was fortunate to rub shoulders with 800 other real estate practitioners, attorneys, property managers and owners, and to get the latest scoop from the front lines. Now it's not like our gut doesn't already give us indicators (i.e. the phone rings less, or deals are harder to make), but it is nice to know that it is happening to everyone across markets. Financial Markets Wally Harding, Senior Vice President of Norris Beggs and ...
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This industry consists of general contractors primarily engaged in the
construction of residential buildings other than single family homes. This
type of construction includes new work, additions, alterations,
remodeling, and repair of such establishments as apartment buildings,
dormitories, and hotels and motels. 233320 (Commercial and Institutional Building Construction) 233220 (Multi-Family Housing Construction) Multifamily residential construction enjoyed strong sales and a promising
market for new projects in the late 1990s as the U.S. economy maintained
its voracious expansion. ...
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With a growing number of projects facing financial difficulty, the importance of maintaining leverage for securing payment is greater than ever. Please log in below to access the full article. If you are not an existing Lexology
subscriber, please register for the free daily legal newsfeed service here . While the Fair Labor Standards Act has been in existence for quite some time, it rapidly is becoming the current weapon of choice by employees against their employers. This report summarizes the major provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) passed by the ...
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The Federal Housing Finance Agency announced Tuesday that the Property Assessed Clean Energy, or PACE program, backed by the Department of Energy and the Obama administration, is unacceptable for mortgage lenders to allow in its current form. It's a move that will affect the program and those like them significantly as the Federal Housing Finance Agency (FHFA) regulates Fannie Mae, Freddie Mac, and the 12 Federal Home Loan Banks. The PACE program offers loans to owners of residential or commercial properties for the purpose of retrofitting their properties with green tech options like solar panels. The loan, which is backed ...
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INFORMATION RESOURCES
Jan 1, 2010 ... and consumers about Oregon's construction lien laws. The information in this pamphlet provides general answers to common questions about ...
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Why check a contractor’s license? The Construction Contractors Board (CCB) believes the best way to a successful home improvement, repair or new home project is to know your contractor. Checking a contractor’s license can tell you: The contractor is actively licensed and has a surety bond ; The contractor submitted proof of liability insurance at the time of application and insurance renewal*; The contractor submitted information that they carry Workers' Comp Insurance to protect its workers on the project; Breach of contract complaints filed with the CCB in the past seven years. CCB ...
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This locator links to state statutes which correspond to Uniform Laws in the subject areas of business and finance. In cases where the text of the Uniform Law, as originally promulgated, is available on the Net it also links to it. Locators are also available for the Uniform Commercial Code , Uniform Probate Code , Uniform Code of Evidence and uniform family, and matrimonial laws. If you are unclear about what Uniform Laws are see the LII " Uniform Laws " page. Alaska Arizona - �� 12-1501 to 12-1518 Arkansas - Ark. Code, Title 16, Subtitle 7, Ch. 108, Subchapter 2, §§ 201 to 207. Colorado - C.R.S., ...
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QUESTIONS AND ANSWERS
I think what you are talking about is a mechanic's lien, which is legal if used in the appropriate circumstances. If the end user is smart, he should have taken some steps to prevent a mechanic's lien having any effect on his property, but you won't know that until you file. I am certainly not an attorney, nor am I trying to offer legal advice, but this sounds like something you should do - or attempt to do. Legal advice is clearly needed, I think, as laws vary from state to state and the bankruptcy will effect what can be enforced. BTW, in general, all the lien will do is encumber the property so that the owner ...
We hired a contractor to do two projects on our home this year. The projects are finished and our contractor has been fully paid. We now have received two invoices from two different companies who said that they were not paid by my contractor for the work they did on our property. They are giving us notice that they will put a lien on our home unless the bills are paid. Our contractor has not called me back! I did not get a Release of Lien form since I didn't know about this before starting any of the projects. If I hire an attorney to take care of this, what will they most likely have to do? There are currently no ...
