Deadline for Foreclosing a Mechanic’s Lien
The lien, if properly perfected, must have a foreclosure action brought on or before the LATER of the following two events:
- Two (2) years from the date the lien was filed
- One (1) year from the date of the project’s completion.
If you fail to bring an action inside this time period you will be forever barred from acting. Our advice: do not wait any time after filing your lien. The fact that you needed a lien should tell you all you need to know about the people that owe you money on the project. Institute suit now.
Your Legal Question
Please use the form below to ask any question. We will attempt to answer as quickly as possible.