We looked at the Claim of Lien on Real Property in Part 1. This week, let’s take a look at the second type of lien in North Carolina, the claim of lien on funds. Basically, a lien on funds allows a subcontractor to prevent a property owner from paying the general contractor who has failed […]
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Entries by Heather Connor
In general, there are two types of liens in North Carolina – a claim of lien on funds and a claim of lien on real property. For contractors and others who are owed money on a construction project, liens are a powerful method of ensuring that the money is paid. However, for the successful recovery […]