In New York a real estate broker or sales agent can file a Mechanic’s Lien to collect an unpaid commission on a commercial lease only, pursuant to New York Lien Law § 10. The lease must be over 36 months. The Lien may be filed within eight months after the final payment is due, but in […]
A Bond Discharge (also known as Bonding off a Mechanic’s Lien) is a mechanism for temporarily removing a Mechanic’s Lien from the title of the property. The property owner or contractor can file a Bond against the Mechanic’s Lien. A Bond deposits 110% the value of the Lien with the courts. The bond guarantees the […]
A Mechanic’s Lien can be foreclosed to enforce payment of the debt. Filing a foreclosure action is the strongest way to enforce your Mechanic’s Lien Claim. If the debt remains unpaid, the lien claimant may be able to foreclose on the lien and take ownership of the property. The foreclosure process is handled through an […]
In New York, you have the ability to Extend a Mechanic’s Lien. The initial Lien is valid for 1 calendar year from the date of filing. Your deadline to file an Extension of Lien is within one year of filing your Lien claim. Failure to file your Extension prior to the deadline will cause the […]
Certain states require a Notice of Intent (NOI) or a Pre-Lien Notice. New York does not require a NOI. New Jersey Commercial Lien Claims do not require a NOI. Connecticut and Pennsylvania both have a Notice of Intent requirement. Speedy Lien handles the filing and service of the Notice of Intent. Visit our Lien Law by […]
Pennsylvania Lien Law: Your lien must be filed no later than 6 months from the last date of service to all properties. **A Notice of Intent is required if you did not directly contract with the property owner.** The Notice of Intent must be served 30 days prior to filing your Lien Claim (within the 6 month […]
Connecticut Lien Law: Your lien must be filed no later than 90 days from the last date of service to all properties. **A Notice of Intent is required if you did not directly contract with the property owner.**
New Jersey Lien Law: Commercial Properties – your lien must be filed no later than 90 days from the last date of service to all commercial properties.
New York Lien Law: Single Family Homes, Single Condominium Apartments – Your lien must be filed no later than 4 months from the last date of service. Multi-Family Buildings, Cooperative Buildings, Commercial Buildings – Your lien must be filed no later than 8 months from the last date of service.
Your last date of services at the job site is critical to being able to file your Mechanic’s Lien claim. Every state’s Lien laws vary. Knowing your state’s lien rights is crucial to being able to enforce your Lien claim.