MECHANIC’S LIEN NOT WAIVED BUT STAYED PENDING ARBITRATION
publication date: Nov 29, 2009
A “no-lien” caption on a contract did not waive a contractor’s mechanic’s lien rights since the body of the contract clearly contemplated the possibility of liens. The contract called for binding arbitration of disputes. The contractor was entitled to file a lien and a timely foreclosure action. The foreclosure suit was then stayed pending the outcome of arbitration of the underlying dispute.
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