Construction

What is a Mechanic’s Lien?

What Is A Mechanic's LienIn 2010 we completed a lease with a tenant for 4,000 square feet. The tenant accepted the premises as-is with no improvements required of the landlord. The tenant was a research and development company based out of Texas, and they made significant upgrades to the premises, spending approximately $300,000 (at tenant’s sole cost).Shortly after the tenant completed their upgrades,...

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