Businesses in a service-industry run a risk every time that they perform a service—that they will not be paid. There are not many service industries where advance payment is required, and once a service has been performed it is not possible to retract it. Fortunately, Nevada law provides some protections for those who contribute materials or labor to a construction project to ensure payment.
The mechanics lien laws provide an alternative to litigation, but require extensive documentation to ensure that all parties are protected—both the service provider and the customer. Some of the forms that may need to be filed are:
-Notice to Owner of Materials Supplied/Work Performed
-Notice of Nonresponsibility
-Discharge or Release of Lien
-Contractor’s Notice to Owner
-Surety Bond Form
-Notice of Extension of Lien
-Notice of Lien
-Notice of Intent to Lien
-Waiver and Release of Lien by Contractor
-Request for Notice of Completion
-Notice of Completion
-Contractor’s Affidavit of Payment to Subcontractors
If properly done, a mechanics lien can help ensure that you are protected in the event of nonpayment. Navigating this process can be overwhelming. Contact Simon Law—your Las Vegas real estate attorney—today to discuss your mechanics’ lien needs.