Tag Archives: liens for tenant fit-ups

N.C. Banking & Realtor Groups Speak Out Against Extending Liens on Leaseholds to Owners

In the second of four meetings, the House Committee on Mechanics’ Liens and Leasehold Improvements of the North Carolina General Assembly heard from representatives of the banking and commercial real estate industries on Monday, February 3.  Both representatives spoke forcefully against extending liens for tenant improvements to the record owner’s underlying interest in the leased property improved.  (For context, you can find my coverage of the committee’s initial meeting here).

Continue reading

2 Comments

Filed under Lien Law, State law, policy & news, Subcontractors