What Is a Mechanics Lien & Why Timelines Matter
Posted May 08, 2026 in Media
Transcript:
00:00:07
There is a very lengthy and unpleasant to read statute in the real estate code in Colorado that discusses what mechanics leans are and what the procedure is for for using them to get paid on projects and essentially is just a lean on real estate that you can give a you give a 10day notice out, you know, to the person who owes you money. you you put some type of work or materials or labor into a piece of property and you deserve to be paid and the law says that you you should be paid for that. So, you put a lean on the property if
00:00:41
they don’t pay you after the 10day notice and it can hold up the property for a year and it can hold up the project and it can create all kinds of headache for the owner. So, ultimately you it’s a lot of leverage to get you paid. Um, once you do get paid, you can release the lean and and show that in the county records that, oh, this has been taken care of and settled and released no longer holds up the property. The timelines on mechanics leans are very strict. You know, they’re between 2 to four months after the last
00:01:09
labor materials put into the project. That’s a pretty strict deadline for you to get that lean in. You have another deadline, a six-month deadline to get the forclo the foreclosure lawsuit filed in court to foreclose on the lean. So, it’s important if you’re not getting paid on a project to call us early, like the moment you’re not getting paid. At least give us a retainer and say, “Hey, let me let me try to get this paid. I’ll give it a month or two. We’ll come up with a plan together. And if you don’t,
00:01:38
at least we’re ready to put the notice out there in the mail and get the lean prepared before our backs are to the wall on a really urgent deadline.
This transcription was AI generated.