We, as a subcontractor, filed a mechanics lien and it has now been discharged as a paper bond. I am aware that you can, and should, continue to pursue the lien. However, what are the best, and least expensive yet effective ways to do so? Also, I've been told to sign a consent statement to release funds? Sounds dangerous, what is it and is there a sample?...Read More
I work in NYC. We had a sub of our GC file a lien on a property we contracted with the GC to perform work on. The GC obtained a construction bond to bond over the lien. The owner of the property is asking if the bond was filed. Who and why does the bond need to be filed?...Read More
The GC just told me he would give me $4000+ less than what is owed. He said take it or he would "bond out" and give me nothing. My account is under Dallas Curb Appeal inc. According to the your representative, you guys have it as a commercial property and not as a city project, where as he might not have the option to "bond out". I need to know if this is true or not; in order to figure out if I want to accept it or not. I rather tell him to eat shit and die and that I will file foreclosure instead. But I am not sure what that really means. Is that something they care about if they do not plan to sell the property. And if I foreclose how much can i expect to recover....Read More
Hired a man, no license no contract, just a list of what I wanted to see done priority wise and within my 25 thousand budget. Was assured it was easily done. Work started and not very good. Have had to hire others to come in and fix or finish things I was assured could be done in my budget. Never did the man come to me and say I am over budget. Just sent me invoices after the fact, knowing I’m trying to sell the home, I feel thinks that he can extort more out of me by hoping I’ll give in in order to sell my home. Well, I’m not desperate and an angry at the gall of it and would like to know what steps to take so I can sell home. Looked it up in records and it shows as unofficial filing? My home is homesteaded too. What can I do???? Help!!!...Read More
I have just obtained a bond to satisfy a lien but the lien claimant has already filed suit to foreclose on the lien. I would like to record my "Release of Lien Bond" with the county recorder but the lien statutes are confusing. The statutes suggest that I need to have the court "approve" my bond , then the clerk issues some sort of certificate that I would then record....Read More