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1202 results found for "lien law"
- Interesting Twist on Lien Law Trust Funds
Lien Law §71(1). Lien Law § 70(5 ) . Lien Law § 70(5). Lien Law § 71. Lien Law § 77 ; Lien Law § 79-a (1) .
- Real Property Owners And Contractors Should Be Aware Of The Trust Fund Provisions Of New York’s Lien Law
The Lien Law generally recognizes two types of trusts. ( Lien Law § 71 .) (Lien Law §71(1).) (Lien Law § 71(2).) (Lien Law § 70(5).) (Lien Law § 71.)
- Willful Exaggeration under Lien Law 39-a
So important are the rights afforded by the Lien Law, Section 34 of the Lien Law provides that “ otwithstanding Accordingly, the Lien Law affords an owner or general contractor the opportunity to discharge a lien For example, Lien Law § 19 provides that liens for private improvements can be discharged by, inter Lien Law §§ 20 (discharge of lien after notice of lien filed by payment of money into court), 21 (discharge Section 39-a of the Lien Law sets forth the penalty for willfully exaggerating a lien and provides:
- First Department Finds Mechanic’s Lien is Willfully Exaggerated Under the Lien Law
Lien Law permits a lienor to be “punished” if the filed lien is “willfully exaggerated”. Lien Law § 39 declares that willfully exaggerated liens are void. Lien Law § 39-a , sets forth the penalties that can be assessed against a lienor when a lien is found Law.] Supreme Court granted the motion, declared the lien void and discharged under Lien Law § 39 and referred
- Mechanics’ Liens and Discharge Bonds
Lien Law § 17 (emphasis added); see also Thomas Bros. Pile Corp. v. Section 19 of the Lien Law offers several ways to discharge a lien.[1] Thus, a lien will be discharged to commence an action to foreclose the lien or extend the lien within a year of filing (Lien Law § 19 (2)); by court order vacating the lien for failure to prosecute the lien (Lien Law § 19(3)); by filing a lien or the lienor failed to comply with section 9[2] of the Lien Law (Lien Law § 19(6)); or, as is
- How Much Can A Subcontractor Collect on Its Mechanics’ Lien?
to secure the beneficial interests and purposes thereof’ (Lien Law § 23).” Id at 157; see also Lien Law § 3. Lien Law § 4(1). (Lien Law §§ 24, 41). is filed (see, Lien Law § 4[1]).
- FISH TALES AND MECHANIC’S LIENS – WILLFUL EXAGERATION UNDER SECTIONS 39 AND 39-a OF NEW YORK’S LIEN LAW
Due to the leverage that a mechanic’s lien provides to a lienor, the Lien law permits a lienor to be Lien Law § 39 declares that willfully exaggerated liens are void. Lien Law § 39-a , which sets forth the penalties that can be assessed against a lienor when a lien is law 39-a could be based. Law § 39-a for willful exaggeration of the liens were unavailable, as the liens were not otherwise valid
- NEW YORK SUPREME COURT ANALYZES WHETHER AN “OWNER” CAN ALSO BE A “CONTRACTOR” FOR LIEN LAW TRUST FUND DIVERSION PURPOSES
Law ,” the trust fund provisions of New York’s lien law were discussed. Lien Law §71 recognizes two types of trusts – (1) the owner trust and (2) the contractor/subcontractor (Lien Law §71(1).) (Lien Law §71(3)(a).) (Lien Law § 71(2).)
- The First Department Holds That Completing Surety Under Performance Bond Is Not Entitled to File Mechanic’s Lien
The surety and the contractor also filed mechanic’s liens. The owner subsequently amended its complaint to assert claims against the surety under Lien Law § 39 , for willful exaggeration of its lien, and under Lien Law § 39-a , for damages related to the willful The Court also declined to award the owner damages because damages under Lien Law § 39-a “are unavailable This BLOG has previously addressed issues involving mechanic’s liens.
- First Department Holds That Scaffolding and Sidewalk Shed Installed For Construction Project Could Not Support Mechanic’s Lien Because They Were Not “Permanent Improvements”
of mechanics’ lien law was to protect a person who, with the consent of the of the owner of real property Section 3 of New York’s Lien Law , which describes who is entitled to a lien, provides: A contractor, Law § 2(4).) Law § 2(4).” Lien Law § 2<4> .)”
- The Question Of Whether Pre-Construction Management Services Are Covered By New York’s Lien Law Is Addressed By The Westchester County Supreme Court
To discharge the lien, Old Post brought a special proceeding pursuant to New York’s Lien Law § 19 , which Law. for all the types of work respondent now describes, and construing the Lien Law liberally Lien=">Lien " Law="Law" §23="§23</a>"> , this Court concludes that respondent’s lien is not entirely invalid on its (See Lien Law §10(1) .)
- First Department Grants Extension of Time to Serve Summons and Complaint on a Mechanic’s Lien Discharge Bond Surety Under CPLR 306
Ardel filed a mechanics’ lien, which was ultimately discharged by a “Discharge of Mechanic’s Lien Bond Note: this BLOG addressed mechanic’s lien discharge bonds < HERE =">HERE</a>"> .] commenced action against VBG for, inter alia , breach of contract and against Atlantic to foreclose its lien prejudice is undercut by the fact that Atlantic, who posted a bond for the release of the mechanic's lien The record further establishes the potential merits of the lien foreclosure claim, and because the statute

