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The following BL TV program is brought to you by O'Flaherty law please enjoy welcome to learn about law my name is Kevin O'Flaherty from O'Flaherty law, and today we're going to talk about how to perfect a mechanic's lien claim in Illinois a mechanic's lien is something that you record with the recorder of Deeds office when you're a contractor or subcontractor who hasn't been paid for their work on a project and if the building that the work was done on can't be sold without first paying you the amount of the lien you can also if you have a lien on a property filed suit to foreclose on the lien requiring the property to be sold in order to satisfy your lien amount if you have a mechanic's lien, and you file suit you're entitled not only to the amount of the work that you did but also ten percent interest per year and attorneys fees and court costs associated with foreclosing on the lien well we're going to talk about today is how to perfect a mechanic's lien and that's making sure that the lien is good against third parties so if there's a bunch of people that are owed money by the homeowner you know maybe a mortgage company a mortgage that happened after you did the work or other mechanics lien claimants usually a big issue is priority of creditors who gets paid first a mechanic's lien will be paid before later encumbrances and has some extent has even a higher priority than some earlier encumbrances and encumbrances are things like mortgages or other things that are on the title of the property claiming to be owed money from the owner but in order to have to maintain the priority of the mechanic's lien against third parties other than the owner you have to go through a certain number of steps to perfect the lien some of these steps we're going to talk about aren't just about perfecting the lien against third parties but some are required to be done properly and on time in order to not lose your lien rights completely so let's start with general contractors they're a little simpler they've got they don't have as many steps required as subcontractors to perfect mechanics lady the first thing that a general contractor has to do to perfect the mechanics lien claim is to file a lien claim move with the recorder of deeds and there are certain information that needs to be contained on that lien claim that we list in the article that's associated with this video, but it's the lien claim not only has to be done within four months of the last day of work that's to be timely, but it also has to be proper any errors in the lien claim will basically cause the lien not to have priority against third parties such as lenders or other mechanic's lien claimants but errors and missing the deadline of filing the claim may still allow you to have a good lien claim as it gets the owner, so this part is one of those where if you do it wrong or don't do it on time you lose your rights to get you lose your place online with the other creditors but if you're the only...
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