Video Transcript
Hi, my name is Mark Bogard. I’m a partner with Jaburg & Wilk and my practice areas are focally and construction law and administrative law.
What is a Stop Notice?
In Arizona if you have mechanics lien rights, as a rule of thumb you have the right to issue what’s called a stop notice. A stop notice is essentially a lien on money as opposed to a lien on real property. The stop notice is typically issued to either the construction lender or to the owner if the owner is self-funding the construction project. While certain steps are required to serve an effective stop notice, a stop notice is a very effective tool for contractors and suppliers to get paid in Arizona.