Simple English definitions for legal terms
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A supplier's lien is when someone who provides materials for work done on a property has a right to keep that property until they are paid for their materials. It's like a mechanic's lien, but for suppliers instead of mechanics.
A supplier's lien is a type of lien that gives a person or company who supplies materials used during work performed on a property a security interest in that property. It is similar to a mechanic's lien, which is a legal claim against a property for unpaid work or materials used in construction or repairs.
For example, if a contractor hires a supplier to provide materials for a construction project, and the contractor fails to pay for those materials, the supplier may file a supplier's lien against the property. This gives the supplier the right to take legal action to recover the value of the materials supplied.
Another example would be a supplier of building materials who provides lumber, concrete, or other materials to a construction site. If the contractor fails to pay for those materials, the supplier may file a supplier's lien against the property to secure payment.
These examples illustrate how a supplier's lien can protect suppliers from financial losses when they provide materials for construction or repairs. It gives them a legal claim against the property, which can be used to recover the value of the materials supplied if the contractor fails to pay.
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