Legal Question in Real Estate Law in Nevada
Get a lien?
I am in an investor with a contractor
who has not performed in Las Vegas.
Promissory notes of refund and profit
expire in 3 months & I have reason
to believe they cannot be honoured.
Contractors & architects already have
liens in place, prior to litigation
regarding non payment. Contract
states AAA resolution in event of
dispute. Can I get a lien (or other
charge or security) on the site (or
company/s) pre, post or through AAA
and if so at what point? Contractor &
affiliates appear to have substantial
land assets. Many thanks!
2 Answers from Attorneys
Re: Get a lien?
The arbitration provision does not affect the contractor's right to record and/or foreclose on a mechanic's lien.
Re: Get a lien?
Nevada law provides:
NRS 31.013 Issuance of writ of attachment after notice and hearing. The court may after notice and hearing, order the clerk to issue a writ of attachment in the following cases:
1. In an action upon a judgment or upon a contract, express or implied, for the direct payment of money: .....
Your attorney can explain further.