Credit Hours: 1.00
Approval Number: SRA1521
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This course is part two of a two-part series examining Mechanic’s liens law as it is used in the construction and electrical contractor or subcontractor industry. This one-hour course details the different aspects of the Mechanic’s liens law such remote subcontractor liens, tenant work, competing liens and much more. By the end of this class the participant will have a thorough understanding of the Mechanic’s lien laws, how it is affected by sale, foreclosure, bankruptcy, the role of waivers, and other important items insuring a broad knowledge of this subject area and how it can directly affect a construction or electrical contractor’s business.
Upon successful completion of this course, the student will be able to:
- Distinguish between secured and unsecured creditors
- State roadblocks subcontractors and supplies sometimes face with mechanic’s liens
- Define “fee simple” ownership
- Explain mechanic’s liens for tenant work
- Describe what is meant by inchoate mechanic’s liens
- Summarize how priorities determine whether a lien survives foreclosure
- Discuss how bankruptcy can affect mechanic’s liens
- Tell why in some cases it may not be advantageous for a claimant to be paid by the home owner
- Explain the mechanic’s lien waiver and its purpose
- Describe what is meant by “true mechanic’s lien litigation”
- Tell how the concept of “strictly construed” may impact future mechanic’s lien litigation
- List ways to remove a mechanic’s lien
John Menken has been in corporate education for twenty-eight years. His background covers all aspects of enterprise training including instructional design, technical writing, internal consulting, eLearning, multimedia development, mobile learning, web programming and online/standup training, including international, in both soft skills and technical areas.
John has authored course materials for both colleges and private industry and in his current role as a Sr. Training director for a telecom company in Tampa Florida he puts together courseware, curricula, job aids, presentations, marketing videos and eLearnings to support enterprise wide initiatives. He has many HR-related implementations to his credit and has managed groups as large as twelve people.
John's current focus is xAPI, the replacement for SCORM, and his past times are kayaking, running and visiting his two adult children who act like they still need him. He was married 30 years in January of 2017.