Nevada § 108.222 - Lien on property, improvements and construction disbursement account; amount of lien; lien not available to unlicensed contractor or professional who must be licensed to perform work

§ 108.222. Lien on property, improvements and construction disbursement account; amount of lien; lien not available to unlicensed contractor or professional who must be licensed to perform work

1. Except as otherwise provided in subsection 2, a lien claimant has a lien upon the

property, any improvements for which the work, materials and equipment were furnished

or to be furnished, and any construction disbursement account established pursuant

to NRS 108.2403 , for: (a) If the parties agreed, by contract or otherwise, upon a specific price or method

for determining a specific price for some or all of the work, material and equipment

furnished or to be furnished by or through the lien claimant, the unpaid balance of

the price agreed upon for such work, material or equipment, as the case may be, whether

performed, furnished or to be performed or furnished at the instance of the owner

or the owner’s agent; and (b) If the parties did not agree, by contract or otherwise, upon a specific price

or method for determining a specific price for some or all of the work, material and

equipment furnished or to be furnished by or through the lien claimant, including,

without limitation, any additional or changed work, material or equipment, an amount

equal to the fair market value of such work, material or equipment, as the case may

be, including a reasonable allowance for overhead and a profit, whether performed,

furnished or to be performed or furnished at the instance of the owner or at the instance

of the owner’s agent. 2. If a contractor or professional is required to be licensed pursuant to the provisions

of NRS to perform the work, the contractor or professional will only have a lien pursuant

to subsection 1 if the contractor or professional is licensed to perform the work.