what is a mechanic lien

A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. It exists for both real property and personal property. Mechanic's liens are typically used by subcontractors and suppliers when they haven't received payment for improvements they made to a property. It is a way to seek payment for the work done. The lien provides a security interest that can be enforced by the holder against the piece of property if the debt is not paid. Mechanic's liens are often necessary to secure construction help on a project and generally have a higher priority than other forms of debt. They create a cloud on title and appear in public property records, meaning that anyone who buys the property would take it subject to the lien. Mechanic's liens are highly state-specific and are governed by statutes enacted by each state. They are also known by various names such as artisan's lien, construction lien, garageman's lien, laborer's lien, and materialman's lien