commencement of work

commencement of work

The readily observable date on which work commences on a construction project.This date is important in the context of mechanics'and materialmen's liens for unpaid construction bills, because the date of the lien is effectively backdated to the date of commencement of work,even though there may not have been a failure to pay bills until many months later.In many states,if there is a lien filed,and the commencement of work occurred before the construction mortgage was recorded,then the lienholder is in a first lien position and the construction lender is in second place,comparable to having a second mortgage rather than a first mortgage.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Construction on Badenoch and Strathspey's centre will begin at the end of the month followed by the commencement of work in Broadford next month.
Contract signed for two new hospitals; NHS HIGHLAND
'I will cherish every moment I had with MRT Corp, especially the highlights such as the opening for the MRT Sungai Buloh-Kajang Line, Malaysia's first MRT line, and the commencement of work of the MRT Sungai Buloh-Serdang-Putrajaya Line,' he said in the statement.
Shahril to bid farewell to MRT Corp end of this month
An historic breakthrough was achieved by the Committee in finding a solution to decade old resettlement issue of Diamer Basha where in new compensation formula for resettlement was recommended and endorsed by the Court which will greatly help to address the needs and wishes of the local population and assist in early commencement of work.
SC provides impetus to long awaited projects
It added, "A historic breakthrough was achieved by the Committee in finding a solution to decades-old resettlement issue of Diamer Basha as the new compensation formula for resettlement was recommended and endorsed by the court which will greatly help address the needs and wishes of the local population and assist in early commencement of work.
SC endorses recommendations for dams' construction
At their meeting immediate commencement of work on Spera Ragha-Durug-Taunsa road and Sinjavi-Lorala roads was agreed.
CM-JUI delegation
Summary: Barmer (Rajasthan) [India] Jan 16 (ANI): Prime Minister Narendra Modi on Tuesday inaugurated the commencement of work at the oil refinery in Rajasthan's Barmer district.
PM Modi inaugurates work commencement of Barmer refinery
The people of Chalas expressed joy over commencement of work on the much delayed project and thanked PMLN Government for the same.
Work on clean drinking water project in Chalas start
The Sheikh was also briefed on the milestones already achieved including the completion of foundation work and the commencement of work on the anchorages for the stay cables that are an integral part of design and structural support of The Tower.
Video: Emaar\ s The Tower completes excavation work
Khartoum, 14 June(SUNA)- Federal Health State Minister , Dr Sumia Iddris discussed w ith a delegation of Obioed Medical City in presence of Wali (governor) of North Kordufan State, Ahmed Mohamed Haroun, measures taken for commencement of work in Obied Medical Citzy.
State Minister for Health meets delegation of Obied Medical City
"Don't allow anyone to pressure you into agreeing to have work carried out and don't agree to any commencement of work or sign anything on the spot."
No cold callers welcome in town
Ministry of health sources said work on kidney center has been started and all the measures are being taken for completion of work on kidney center before commencement of work on RIU.
Funds amounting to Rs 500 million approved for RIU
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