What is the maximum amount of a lien that can be claimed by a subcontractor for unreceived payments on a two-family residential property?

In Virginia, the law establishes a specific limit on the amount of a lien that can be claimed by a subcontractor for unreceived payments on a two-family residential property. This limit is set at $8,000.

This figure is significant because it reflects the legal protections provided to subcontractors, allowing them to secure a reasonable amount for unpaid work while also ensuring that property owners are not unduly burdened by potentially excessive claims. The $8,000 cap helps maintain a balance between the rights of subcontractors to receive compensation for their labor and the interests of property owners in managing their financial exposure.

Understanding this lien limit is crucial for both subcontractors and property owners in the context of contract work, as it dictates the maximum effective claim a subcontractor can enforce, thus providing clarity and predictability in the financial interactions surrounding residential projects.