Legal Blog:
Publication
Everybody probably knows that the time for registration of a claim for liens starts to run at least from the time that a certificate of substantial performance of the general contract is published in the Daily Commercial News. This publication affects both generals and subs.
Continue Reading >Vacate Lien
A general knows that it cannot pay its sub in the face of a notice of lien by a subsub. The general, therefore, posts security for the amount of the lien claimed plus 25% for costs and obtains an order vacating the lien from title to the owner’s lands. The money can then flow down the chain and the subsub’s construction lien on the lands has been transferred to the security paid into court by the general.
Continue Reading >