Bronx New York Notice of Lien by Individual

State:
New York
County:
Bronx
Control #:
NY-03-09
Format:
Word; 
Rich Text
Instant download

Description

New York law requires a party desiring to claim a lien to file a Notice of Lien form in the office of the clerk of the county where the property is situated. The notice may be filed at any time during the progress of the work and the furnishing of the materials, or, within eight months after the completion of the contract, or the final performance of the work, or the final furnishing of the materials.

A Notice of Lien by Individual in Bronx, New York is a legal document filed by an individual to claim a lien on a property. It is important to understand the various types of liens that can be filed by individuals in the Bronx, New York. 1. Mechanic's Lien: A Mechanic's Lien is a type of lien filed by contractors, subcontractors, or suppliers who have provided labor or materials for a construction project in the Bronx. This lien ensures that they receive payment for the work or materials provided. 2. Material man's Lien: A Material man's Lien is similar to a Mechanic's Lien, but it specifically applies to individuals or businesses that provide materials for a construction project in the Bronx. These individuals or businesses can file this lien to secure payment for the materials they have supplied. 3. Judgment Lien: A Judgment Lien is filed by an individual or business that has obtained a court judgment against another party in the Bronx. This lien is used to ensure that the judgment debtor's property can be used to satisfy the judgment amount. 4. Attachment Lien: An Attachment Lien is imposed by a court and serves as a security interest on an individual's or business's property in the Bronx. It is commonly filed when there is a pending lawsuit to ensure that the property won't be sold or transferred before the final judgment is reached. The Bronx New York Notice of Lien by Individual is required to be filed with the appropriate government office, typically the County Clerk's office. This document should include specific details such as the individual's name, address, contact information, the property owner's name and address, a legal description of the property, and the reason for filing the lien. Once the Notice of Lien by Individual is filed, it becomes a public record, alerting any potential buyers or lenders of the property about the outstanding debt. It serves as a legal claim against the property and can hinder any attempts to sell or refinance it until the lien is resolved. It's important to consult with a qualified attorney specializing in liens to ensure that all necessary steps are followed when filing a Notice of Lien by Individual in the Bronx, New York. Taking the correct legal actions can protect the individual's rights and increase the chances of receiving payment for the debt owed.

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FAQ

How do you resolve a New York State tax lien? Pay in full: Pay off the debt and the liens will come off. Arrange a payment plan: Once paid in full, the state will release the liens. Offer in Compromise: Negotiate a settlement wherein you pay less than you owe, which may be more difficult if you have valuable property.

A Lien Search or PPRS Search provides information about valuables that have any outstanding loans on them. These valuables include any goods with serial numbers, including motor vehicles, mobile homes, trailers, boats and aircraft.

Generally, a New York mechanics lien can be filed at any time during the progress of the project, but no later than 8 months of the completion of the contract or the last date of furnishing labor or materials.

Go to the public recorder's office and check the owner's name and property for judgments, liens, or lis pendens. This will tell you if the house has been pinged in lawsuits in recent years. Check for any liens filed against the owner's other properties in recent years.

Filing a New York mechanics lien involves 3 steps: Fill out the proper NY mechanics lien form. New York law sets specific requirements for the form to use when filing a mechanics lien claim.Serve a copy of the lien on the property owner.Record the lien with the NY county recorder.File an Affidavit of Service.

How long does a judgment lien last in New York? A judgment lien in New York will remain attached to the debtor's property (even if the property changes hands) for ten years.

Mechanic's lien forms can be purchased at stationery stores that carry legal forms. Form must be filled out and notarized at the time of filing. The fee for filing a notice of Mechanic's Lien is $30.00.

According to the Daily Herald, the only people who can place a lien on your home are those who have done work or otherwise contributed to the value of your home. For example, contractors and suppliers could place a lien if you do not pay them. Other creditors, though, usually cannot put a lien on your property.

The answer is New York is both a tax lien and a tax deed state. Two counties on Long Island, Nassau County and Suffolk County, sell tax lien certificates at a rate of up to 12% interest.

NY residents can usually find property records at their local county recorder's office. However, a county might sometimes store property deeds with the county clerk. The researcher must identify which office is responsible for managing and disseminating property records and then visit the office to request the records.

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Bronx New York Notice of Lien by Individual