April 2013
Basics of Mechanics' Liens and Verified Claims
Each attendee receives a copy of the CBA-CLE book Colorado Liens and Claims Handbook, 4th Edition - whether you attend the live, webcast, or video replay program, or complete the homestudy.*
Topics To Be Covered:
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 Liens Are 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
- Mechanics' 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 the statute applies
- 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
Agenda:
8:30 - 9:00 am Registration
9:00 - 10:15 am Programming
10:15 - 10:30 am Networking Break
10:30 - 11:45 am Programming
11:45 - 1:00 pm Lunch (on your own)
1:00 - 2:30 pm Programming
2:30 pm Adjourn
*Please note the book will be provided in PDF or in Print based on your homestudy product selection - print versions of the book will be provided with CD Homestudies only. Video-on-Demand and MP3 orders provide the book in a searchable, PDF format.
