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New York Mechanics Lien Frequently Asked QuestionsNew York Lien Documents are Easy to File with LienItNow.com  What is a New York mechanics' lien ?In New York, liens filed on private
property or on funds
relating to a public
project are known as
Mechanic's Liens. When a
New York mechanics lien is filed with
regard to work performed
on privately owned
property, it attaches to
and encumbers the fee
simple ownership of
property. When a New
York mechanics lien is
filed with regard to
work performed on a
publicly or government
owned property, it
attaches to the fund of
money which the public
agency has allocated for
a project. The reason
for this is that you
cannot force the sale of
publicly owned land
(public agencies mean
any county, city, town,
township, public
commission, public board
or other municipality
authorized by law to
make contracts for the
making of any public
improvement in any city,
town, township or other
municipality). Who can file a New York mechanics lien?Contractors, as well as
subcontractors,
sub-subcontractors and
suppliers who have a
contract with a general
contractor or a
subcontractor can file a
New York mechanics lien. Are pre-notices required in order to file a New York mechanics lien?No. Can you file a New York Mechanics Lien without a pre-notice?Yes. When should a New York mechanics lien be filed?In New York, mechanics' liens on
private property
must be filed within
eight months
of the last date the
lienor provided
materials or services to
the Project. How much does it cost to file a New York mechanics' lien ?
LienItNow.com
prepares, files and
serves New York
mechanics' liens for a
fee of $250.00. Do I need a written contract in order to file a New York mechanics lien?Oral contracts are
sufficient if you have
sufficient documentation
to show the existence of
an agreement or that you
performed the work for
which you are filing a
New York mechanics lien. How does filing a New York mechanics' lien help me get my money?On a private project,
the New York mechanics' lien places an encumbrance on
the property that makes
it difficult to resell
or re-finance the
property without first
removing the lien. On a
public project, the
filing of a New York
mechanics lien freezes
the fund of money that
has been allocated for
the public project, thus
reducing or sometimes
even stopping the flow
of payments to the
offending contractor
until the lienor is
paid. What is a New York Stop Notice and why should it be filed
LienItNow.com prepares and serves
New York Stop Notices for
a fee of $100.00.
A Stop Notice is a
notification that has
the ability to enhance
the effectiveness of a
mechanic's lien. A Stop
Notice, or a notice to
withhold funds, is sent
to the company that is
financing or funding the
construction funds for a
project. Once that
company receives the
Stop Notice, that
company has notice that
it should withhold
sufficient money to
satisfy the stop notice
claim. The purpose of
the Stop Notice is to
provide the lender,
financiers or funders of
the construction project
notice that there is
money owed to a
contractor,
subcontractor or
supplier so that an
inquiry can be made as
to why that money is not
being paid. What is a New York Amendment to a mechanics' lien Claim?LienItNow.com prepares, files and
serves New York
Amendments to mechanics' lien Claims for a fee of $225.00. Amendments to a
mechanics' lien claim
are often needed when
something about the
claim changes. Common
changes to a lien claim
are increases or
reductions in the amount
due to the lienor, or a
change to the last date
of work. When should a New York Discharge of mechanics' lien claim be filed?LienItNow.com prepares, files and
serves New York
Discharges of mechanics' lien Claims for a fee of
$75.00. Once the lienor
has been paid the amount
contained in its lien
claim, or has come to an
agreement that requires
the lien claim to be
removed from the
property records, a
Discharge of mechanics' lien Claim should be
filed. How much does it cost to file a New York Extension of a mechanics' lien Claim?LienItNow.com prepares, files and
serves notices of
extension of mechanics' lien Claims for a fee of
$75.00. The filing an
extension of the
mechanics' lien claim
permits the claimant an
extra month to file a
lien claim, except for
lien claims to be filed
on residential property. Can I file a Bond Claim on a New York Project?LienItNow.com prepares, files and
serves New York Bond Claims for a fee of $250.00. Bond claims
can only be filed on a
project where the owner,
contractor or
subcontractor has
obtained a payment bond
to ensure that every
contractor receives
payment for the work
performed on the
Project. The payment
bonds issued by sureties
for construction
projects have specific
timing requirements, but
most require claimants
to submit claims against
the bond within sixty to
ninety days from the
claimants' last date of
work. Bond claims are as or
more effective than a
lien claim because the
payment bond acts as a
guarantee that payment
will be made for work
properly completed. Do I need to file a Pre-Notice to make a claim against a New York payment bond?LienItNow.com prepares, files and
serves New York
Pre-Notices for bond
claims for a fee of
$50.00. Depending on
the terms of the payment
bond, pre-notices may or
may not be required.
LienItNow.com recommends that, prior
to or immediately after
starting work or
delivering materials to
a project,
subcontractors and
suppliers, file a
pre-notice that it is a
potential beneficiary of
the construction
project's bond. |
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