The Mysterious "Bond to Discharge all Liens"

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Mechanic's liens are problems on many projects and can even cripple a project. A mechanic's lien that cuts off your construction loan can spell doom for your project. Fighting each lien, lien by lien, is one option. The other option, which is much less known, is the "lien to discharge all liens" created by Lien Law Section 37. This article discusses the ins and outs of the lien to discharge all liens.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Vincent Pallaci | Attorney Advertising

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