Construction
Mechanic’s Liens and Construction Bonds 101
Mechanic’s liens and construction bonds can provide critical payment protection for contractors, subcontractors, and suppliers working on construction projects. In this Bean, Kinney & Korman article published in the BKK Construction & Land Use Newsletter, Juanita F. Ferguson explains that mechanic’s lien rights and bond claim procedures vary significantly between Virginia, Maryland, and the District of Columbia. The article notes that Virginia generally requires a Memorandum of Mechanic’s…
October 1, 2009