Legal Question in Construction Law in New York
Mechanic's lien buffalo ny
If there is a mechanics lien on the property. What happens to the property, how long is the lien good for.
Asked on 11/25/08, 2:02 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Mechanic's lien buffalo ny
A lien on a property means that the property may not be transfered in good title. The lien may also be foreclosed on by the contractor. A mechanics lien lasts for 1 year. The lien may be terminated earlier either by consent (Satisfaction of Mechanic's Lien document), by bond or by Court Order.
Mike.
Answered on 11/25/08, 2:14 pm
Related Questions & Answers
-
Contesting a lien I'm in my early twenties and a first home owner. I had my kitchen... Asked 11/18/08, 11:33 pm in United States New York Construction Law