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Yes, when you place a mechanics lien on someone's property, you can typically include interest on the amount owed, provided that the underlying agreement or contract allows for it. The interest calculation should follow the terms specified in the contract or any applicable state laws regarding mechanics liens. It's important to check local regulations, as they may have specific requirements for interest rates and how they can be applied.

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2w ago

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Related Questions

What can you do if you were injured on someones property and they have no insurance to cover your bills?

Bring suit against them in civil court and convince the judge to place a lien against any property them may own.


If you pay someones mortgage payments can you place a lien on the deed?

If you pay someone's mortgage you can place a lien on the property only if you have stated that condition in a properly drafted written agreement signed by both parties. If there is no agreement then you are a volunteer and have no legal standing to place a lien on the property.


You co-signed a mortgage for property you don't own. Can a lien be placed on that property for your own personal debt?

No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.No. If you are a co-signer on a mortgage for property that you don't own your personal creditor cannot place a lien against that property for your personal debt. If the creditor does record a lien in the land records it will have no effect if you have no ownership interest in the property.


What happens if husband wants to sell his share of the property which he shares equally with wife before divorce?

He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.He should consult with his attorney. Some states place an automatic restraining order on any property transfers during a divorce action. Some states place restrictions on selling one owner's interest in property held by married couples.


WHAT DOES THE LAW REQUIRE Prior to putting a lien on someones property?

To place a lien on someone's real estate you must obtain a court order that can be recorded in the land records.


Can you open and put mail into someones mailbox?

Yes, as long as it isn't stolen mail. No, it is illegal, even to place a flyer on the flag. The mailbox is US Government property.


Can I place a lien on my mother's property for a loan she made to my sister?

You haven't established why you would have any financial interest or rights in your mother's property or in the loan she made to your sister. Therefore, the answer is no.


Is it effective for a property owner to sign prepare and place a lien on his own property?

A property owner cannot place a lien on his/her own property. To create a voluntary lien on property the owner must agree to transfer an interest to the creditor until the debt has been paid. When the debt has been paid the creditor executes a release of their interest in the property. A conveyance to yourself would be null and void because there would be, in legal terms, a merger of title. You cannot convey to yourself what you already own. There would be no conveyance.


How can you place a lein on someones home?

how do you place a lein on some ones home


What does forced place liability insurance cover?

It covers the lien holder interest only in the described property. There is no coverage at all for the borrower / debtor.


What does phrase close at heart mean?

a person , place or a thing that has a special place in someones heart.


Why would some one put a lien on their own home?

A person might place a lien on their own home if they were misinformed. The lien would be null and void. For a creditor, a lien creates an equitable interest in real property owned by another party. That other party owns the legal interest in the property. If a peron who owns the legal interest in property recorded a lien the two "interests" would "merge" in that same person and the lien would be nullified.