Understanding the Basics of Liens and Bonds

This Academy session introduces the fundamentals of lien law and bond claims — key tools that protect financial rights in construction projects. Attendees will learn how to send Preliminary and Supplemental Notices, understand the basics of Arizona Lien Waivers, and know how to file Mechanics Liens, Bond Claims, and Leasehold Interest Liens. The session also provides an overview of the foreclosure process and how these legal mechanisms work together to safeguard payments and manage risk on a project.

The Academy for Construction Excellence presents an 8-class series for those individuals new to the construction industry – whether new to their career and experienced professionals from other industries. Also invited? Those who need a refresher course! Upon completion of these classes, attendees will have a strong knowledge base, creating confidence, knowing the key players and processes in commercial construction.

In each class, attendees start at a high level and then dive into necessary aspects of these areas: