Dealing with a lien can be a stressful situation. At Jurisco we’ve worked with clients across Arizona who either need to remove or secure a lien. Bond experts understand the impact a lien may have so they always do their best to put the client in the best position possible. When clients need a Scottsdale lien bond they can depend on Jurisco to understand how that applies to Arizona bond statute.
A mechanics lien or a lien against property can cause real damage. An individual trying to put their home for sale can be blocked because a contractor didn’t pay an employee. While the individual did their part and paid the contractor, employees still have a lien as a recourse when they do not receive payment. Liens may also be placed against businesses for tax reasons. Removing the lien often means securing a Scottsdale lien bond.
The reasons why the state of Arizona looks to lien bonds to take care of lien situations is because of their protective abilities. A lien bond in Scottsdale essentially takes the place of the lien. Following the example about trying to sale a house, the lien would cover the money owed and allow the sale to go through.
A Scottsdale lien bond is one of the fastest ways to handle a lien. Without this surety bond, the homeowner may be forced to pay out of pocket for the employee’s services. With a bond, the homeowner is immediately financially covered.
A lien bond is by far the more cost effective solution to remove or place a lien. The bond requires full collateral of the amount of the bond upfront. The bond premium is 1% of the bond amount. This makes a Scottsdale lien bond affordable and easy to use which is just what the state of Arizona wants from the bond.
Keeping the cost of a lien bond low is one way Jurisco tries to offer the best service to clients. Our surety bond experts understand the pressures a lien can bring to a situation. Count on Jurisco to handle a Scottsdale lien bond with professionalism and speed. Contact Jurisco to learn if same day surety bond service is available.