Louisiana Mechanic's Lien Release Bond

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Bond Penalty: 125% of lien amount

Unfortunately disputes arise between property owners and contractors which may result in a lien filing. A Louisiana mechanic's lien release bond is a legal mechanism which "bonds off" a lien on a parcel of real property. Under Louisiana law, a mechanic's lien may be filed by general contractors, subcontractors, laborers, materialsmen and equipment suppliers. Professional service providers such as architects, engineers, and surveyors, as well as the professional subconsultants of these parties can impose a lien as can lessors of equipment if leased to the property owner, contractor or subcontractor under written lease. Louisiana law also provides a special provision for persons supplying fuel used for construction machinery.

The Louisiana mechanic's lien discharge bond effectively relieves both the individual owner and the property parcel encumbered by the lien. The surety bond must be written in an amount of no less than one and one quarter (125%) of the lien amount. Proper preparation/manuscripting is necessary as Louisian is the only state that allows subcontractors and material suppliers to commence action against a property owner although a direct contract may not exist between them.

Louisiana surety bond leader, Surety One, Inc. is THE most responsive underwriter of judicial bonds in the nation. Our expertise in drafting surety bond forms for acceptable recording, same day underwriting, immediate bond execution and delivery are unmatched. We underwrite mechanic's lien discharge bonds in all fifty states, Puerto Rico and U.S. Virgin Islands. We are THE most agile and customer-friendly underwriter of surety bonds in the U.S. Our experience, same day underwriting, immediate authenticated bond execution and delivery are unmatched. No other surety brokerage has the underwriting authorities that we do. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat for application materials and assistance with your Louisiana Mechanic's lien release bond or any other surety need.

Surety bond application review and quoting are free of charge. There is no obligation to purchase.

What We Need From You

Additional Attachments

  • Copy of lien.