We've talked a lot about why you should file a mechanics lien, but something I always overlook and fail to mention this: A mechanics lien claim is an asset.

Since a lien claim is an asset, most states allow you to "assign" the claim to any other person or entity.  Assignment is the transfer of rights held by one party—the assignor—to another party—the assignee. In the case of a mechanics lien claim, a party who has the right to collect on a mechanics lien can transfer or sell that right to another party.

Here are a few things to think about if you are considering an assignment of your mechanics lien claim.