Whenever you find out that one of the following fact situations applies to a transaction where you are preparing a commitment for a loan policy, then raise the New Construction Exception.
...Construction and Mechanics' Liens
NOTE: For in-depth information on this topic, attend our online seminar October 18, 2012, and earn 1.5 hours of CLE:...
Summary: Incorrect completion dates in mechanics' lien claim did not materially affect defendant's right to notice under the mechanics' lien statute and the liens were facially...
Public Act 97-1165 (HB 3636); Effective Date: February 11, 2013
Statutes Amended: 760 ILCS 60/16, 760 ILCS 60/34.
On February 11, 2013, the Governor signed into law amendments to the...
Substitution of a Bond for a Mechanics Lien
Effective Date: January 1, 2016...
