Expired construction liens can create unexpected headaches for property owners, even after they are no longer enforceable. These liens, while initially protecting contractors and suppliers, can linger in the property records and complicate transactions like sales or refinancing. Different states have varying processes for clearing these expired liens from the chain of title, ranging from simple notices to more complex legal actions. Property owners and lien claimants should be proactive in addressing these issues to avoid unnecessary legal fees and delays. Cooperation between parties can often prevent a minor issue from becoming a costly legal battle. Read the full article here.
Originally published by the Daily Journal of Commerce, Oregon on August 15, 2024.