New construction refers to the process of designing and building a brand-new structure from the ground up, playing a crucial role in shaping communities and driving economic growth. These projects involve collaboration between property developers, contractors, and architects to provide residential or commercial properties that cater to modern living standards and eco-friendly designs.
What Is A Mechanic’s Lien And How Does It Secure Payment For Labor Or Materials In A Construction Project?
A mechanic’s lien is a legal tool that ensures construction workers, suppliers, and subcontractors receive proper compensation for their labor and materials, even if the property owner fails to pay. By understanding this system, both workers and property owners can ensure fair treatment and avoid unnecessary disputes throughout the construction process.