Most states require licensed contractors to carry a bond with their licensing board. If a contractor fails to pay, perform, or meet obligations, a Construction Contractors Board Claim allows an unpaid party to recover compensation from that bond. This process provides an additional layer of protection for clients and subcontractors. Filing with the board is generally faster and less expensive than pursuing litigation, though recovery amounts may be capped by the bond size.
.jpg)
.svg){kind=small}
What exactly is a right-to-lien law?
How can a lien be placed on my property?
Can I get a lien even if I already paid my contractor?
How can I prevent a lien from being filed against me?
What happens if I ignore a lien notice?
How do I remove a lien once it’s been filed?
