HouseChalkMechanic's lien
A mechanic's lien is a legal claim placed on your property by a contractor, subcontractor, or supplier who hasn't been paid for their work or materials.
Why it matters
If a lien is placed on your house, you cannot sell or refinance it until the debt is settled. It represents a major financial risk.
Where people get this wrong
Even if you paid your general contractor, if they fail to pay the supplier, the supplier can still put a lien on your house. That is why lien waivers are critical.
Real-world example
The roofer finishes work. You pay the general contractor, but the general contractor goes bankrupt before paying the roofer. The roofer places a mechanic's lien on your home.
Where this hits your build
This comes up early, before construction starts. It affects your contract, your budget, or both. Misunderstanding it can cost you money or leverage.
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