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Prompt Payment, Mechanic/Material men Liens, and other Collection Issues L AU R E N M. R E Y N O L D S FEBRUARY 28, 2019Arizona Prompt Pay Act A.R.S. 321129 through 321129.07 A licensed contractor,
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Mechanic liens are legal claims placed on a property by contractors, subcontractors, or suppliers who have not been paid for work or materials provided on that property.
Contractors, subcontractors, and suppliers who have not been paid for work or materials provided on a property are typically required to file mechanic liens.
Mechanic liens must be filled out with specific information about the property, the work or materials provided, and the amount owed. They must also be filed with the appropriate county or city office.
The purpose of mechanic liens is to provide unpaid contractors, subcontractors, and suppliers with a way to secure payment for their work or materials.
Mechanic liens must include details about the property, the work or materials provided, the amount owed, and the party responsible for payment.
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