What is a "mechanic's lien"?

A "mechanic's lien" is specifically a legal claim against a property that arises when a contractor, subcontractor, or supplier has not been paid for work performed or materials supplied for improvements to that property. This type of lien serves as a security interest for the unpaid labor or materials, and it gives the claimant the right to seek payment through the property's value.

When a mechanic's lien is filed, it effectively encumbers the property, which can inhibit the owner's ability to sell or refinance until the debt is settled. This legal mechanism helps ensure that those who contribute to the improvement of a property, such as builders or contractors, are compensated for their services.

In contrast, the other options do not accurately define a mechanic's lien. For example, a tax imposed on property sales refers to tax obligations and does not relate to unpaid work. A lien placed by the government for public works typically pertains to public assessments and projects, not individual contractor claims. Lastly, a claim filed by estate executors for unpaid debts focuses on debt settlement rather than construction-related disputes.