An Idaho mechanic’s lien is used by a tradesperson or supplier (the “claimant”) to secure outstanding payments from a client. The form should be drafted if a homeowner or contractor has avoided or delayed payment for services rendered or supplies contributed to a construction project. Filing the lien will grant the claimant a security interest in the property in question, forcing the owner to pay the balance owing before they can sell the property or obtain financing against it. A lien will also allow the claimant to file a lawsuit if necessary, which is typically the last resort in the lien process.
In cases where multiple liens exist on a single property, the order of priority for payment is as follows:
- Materialmen (persons that supply equipment, materials, etc.)
- Prime contractors
- Professional engineers and surveyors