Satisfaction Of Mechanics Lien

State:
New York
Control #:
NY-S008ST
Format:
Word; 
Rich Text
Instant download

Description

This form is a release of a lien. A mechanic's (or construction) lien is a claim created by statute to secure priority of payment for labor performed or materials furnished in the making of improvements on real property. A mechanic's lien attaches to the land as well as improvements on the land. A New York Satisfaction of Mechanic's Lien is a legal document that is filed with local government offices to release a lien that has been placed on a property. This document is usually filed by a contractor, subcontractor, or supplier, after they have been paid in full for their work. There are two types of New York Satisfaction of Mechanic’s Lien: One is the “Regular Satisfaction of Mechanic's Lien” which releases a lien placed on a property for any type of labor or materials. The other type is the “Special Satisfaction of Mechanic's Lien” which releases a lien placed on a property for the specific labor or materials provided. Both types of Satisfaction of Mechanic's Lien must include the name and address of the lie nor, name and address of the person who created the lien, the amount of the lien, and the date the lien was satisfied.

A New York Satisfaction of Mechanic's Lien is a legal document that is filed with local government offices to release a lien that has been placed on a property. This document is usually filed by a contractor, subcontractor, or supplier, after they have been paid in full for their work. There are two types of New York Satisfaction of Mechanic’s Lien: One is the “Regular Satisfaction of Mechanic's Lien” which releases a lien placed on a property for any type of labor or materials. The other type is the “Special Satisfaction of Mechanic's Lien” which releases a lien placed on a property for the specific labor or materials provided. Both types of Satisfaction of Mechanic's Lien must include the name and address of the lie nor, name and address of the person who created the lien, the amount of the lien, and the date the lien was satisfied.

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Satisfaction Of Mechanics Lien