HCS SB 320 -- MECHANICS' LIENS

This bill creates a lien against real estate for the non-payment
of rental equipment fees.  The lien may be for the reasonable
rental value of the machinery or equipment during the period of
actual use and for periods of non-use based on the rental
contract.  There may be no lien involving the rental of equipment
or machinery unless the improvements are made on commercial
property, the amount of the claim exceeds $5,000, and the party
claiming the lien provides written notice within five business
days of the commencement of the use of the rental equipment to
the property owner that it is being used on his or her property.
The bill includes a statute of limitations which begins to run 60
days after all rental equipment or machinery is removed from the
property.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:21 pm