local equity fixed home loan
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a mechanics equity fixed home loan include notice to the owner and to other persons or entities involved in the construction project, and also the drafting and filing of a document with the government office that records deeds or titles to land. Mechanics liens are also sometimes known as contractors liens and equity fixed home loan liens. Historically, the term "mechanic" once referred to any person who performed skilled labor, not limited to current usage that assumes a machine to be the subject of that work. Thus, at the time the phrase "mechanics lien" was invented, the understanding was that such a equity fixed home loan might be a carpenter, plumber, or the like.
equity fixed home loan
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