Basics of Mechanics' Liens and Verified Claims
June 2006
Basis of Mechanics' Liens and Verified Claims
A review of the basics of mechanics’ liens and updates on the law, featuring the
“Colorado Liens and Claims Handbook”
ABOUT THE PRESENTER ⁄ UPDATE AUTHOR:
Gilbert R. Egle, Esq., Preeo Silverman Green & Egle PC, Denver, Colorado
Gilbert Egle is admitted to practice in Colorado federal and state courts, including the U.S. Court of Appeals for the Tenth Circuit. Mr. Egle earned his law degree from the University of Wyoming and has practiced law in Denver since 1984, working primarily in the field of commercial litigation. His practice emphasizes construction-related work with many cases involving mechanic's liens. He has authored construction-related articles, including recent updates to Jack Greenwald's Colorado Liens and Claims Handbook and given seminars on various construction topics. Mr. Egle is a member of the Denver and Colorado Bar Associations, and a section member of the CBA Litigation and Construction Law Sections. He is actively involved in the American Subcontractors Association and has participated in ASA's government relations committee. Mr. Egle represents clients in a wide range of business planning, construction, and litigation matters.
Agenda
8:30 a.m.
Registration
9:00 a.m.
Programming
10:15 a.m.
Break
10:30 a.m.
Programing
11:45 a.m.
Lunch (on your own)
1:00 p.m.
Programming
2:15 p.m.
Adjourn
Topics
I. MECHANICS’ LIENS
- Mechanics’ lien history and purpose
- Who can claim a lien
Contractors, Subcontractors, and Suppliers
- What may be liened
Commercial Property
Residential Property
Blanket Liens and Apportionment
- Preparation of lien statements
Notice of Intent
Content of the Lien Statement
Sources of Information
Common Lien Form Errors
Amendments
- Time to file
Important Deadlines, Extensions and Their Impact
- Other tools of the trade
Disburser’s Notice
Joint Check Agreements
Bonds – Performance, Payment, and Lien Release
- The benefit of a lien – getting paid
How Liens Affect Title
When and Why are Liens Paid
Lien Waivers
- Lien foreclosure process
The Lawsuit to Foreclose
Time to File
Impact of Arbitration Clause
Interest
Attorney Fees
Enforcement - Sale of the Property
- Mechanic’s lien defenses
Homeowner’s Defense
Posting Notice (Landlord⁄Tenant)
Excessive Liens – Possible Penalties
II. STATE PUBLIC CONSTRUCTION -
Verified Claim Statutes
- State public works claims – when does the statute apply
- Important time frames
- The verified claim
- Foreclosure⁄enforcement lawsuits
- Bonds and bond claims on public works projects
III.TRUST FUNDS AND BANKRUPTCY ISSUES
- What are trust funds
- Trust fund remedies
- Trust fund defenses
- Theft and treble damages
- Bankruptcy – discharge issues
Location Information
Law Offices of John Perrin
405 S. Cascade Ave.
Colorado Springs, CO 80903
Get directions
405 S. Cascade Ave.
Colorado Springs, CO 80903
Registration Fees
| $229.00 | |
| CBA | $199.00 |
| $199.00 | |
| CCST | $169.00 |
| $109.00 |
- General Credits: 5.00
- Ethics Credits:
- EDI Credits:
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