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Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Mechanics' Liens: Law and Strategy Class (4-Credit Hours)

New Mexico Real Estate CE | Mechanic's Liens: Law and Strategy Class

Price: $69.00

Credit Hours: 4

Key Points:

Understand how liens can affect your sales.

A contractor or supplier who is not paid for services and materials has the right to place a lien on property. These liens can severely restrict the marketability of a property.

This course will discuss how liens are created, enforced, and how they upset rules of priority. You will explore the ramifications of broken priority, bonding over liens, stop notices and learn what protections that Notice of Non-Responsibility provides landlords.

Your understanding of these important topics will help you to navigate sellers and buyers through issues and to the closing table. Enroll today!

Topics Include:

  • How liens are created, and how they affect nearly every transaction on the planet
  • The “secret” nature of the lien and how they upset rules of priority
  • The various ramifications of broken priority
  • Bonding over liens in order to proceed with transaction
  • Using the Notice of Non-Responsibility to avoid liens as a landlord
  • Using the Stop Notice Act to assure the contractor has paid all charges

This course is a core elective.