Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

What is the validity of a mechanic lien in the state of NY?

Posted on: 25th Oct, 2007 05:26 am
What is the validity of a mechanic lien in the state of NY?
It is valid if work was done by a contractor that improved the value of the property. So if work was done (I don't believe it has to be completed but I am not an attorney) a contractor can and will put a mechanics lien against a property.

Hope this helps answer your question. Let me know if you have any additional questions or information to add.
Posted on: 25th Oct, 2007 12:26 pm
Hi,

I think the validity of the mechanic's lien depends on the status of accounts between the debtor and the contractor.

In NY you have a 'defense of payment'. In this the contractor needs to make payment for the project only once and if he can show full payment, he can file a defense to any mechanic's lien.
Posted on: 26th Oct, 2007 12:51 am
You can always dispute any charges brought on by a creditor.

That doesn't change the validity of the mechanics lien though. If it is there it is valid until you prove it wrong.
Posted on: 26th Oct, 2007 08:52 am
Page loaded in 0.092 seconds.