What happens when a contractor files a bond against a property that has a construction lien?
Full Question:
If you have a construction lien filed on a property for not paying labor and the contractor files a bond instead of paying the lien, what is the next step?
02/08/2007 |
Category: Contractors ยป Construction... |
State: Arkansas |
#589
Answer:
Has the bonding company obtained a release of the lien by posting the bond? If so, the next step would appear to be filing suit against the property owner, contractor and bonding company seeking payment of the contract price, fees and costs.
