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Performance and Payment Bonds for Construction Contracts, and What Happens if a Mechanic’s Lien is Filed?

Performance and Payment Bonds for Construction Contracts, and What Happens if a Mechanic’s Lien is Filed?

by admin | Apr 16, 2026 | Mechanic’s Lien Bonds, Payment Bonds, Preliminary Injunction

We have permanently relocated to 305 Broadway, Suite 601, New York, NY 10007. If you are in the neighborhood, feel free to stop by and say hello. A performance and payment bond is a type of surety bond commonly required on construction projects to protect project...
Refinancing Your Property? Beware of Mechanic’s Liens!

Refinancing Your Property? Beware of Mechanic’s Liens!

by admin | Jan 10, 2025 | Mechanic’s Lien Bonds, Surety Bonds

Let’s discuss talking about interest rates, and why I’m talking about them now. The Federal Reserve has cut interest rates, which means mortgage rates are decreasing. It’s an ever-exciting topic. With that said, you may ask, how does that relate to...
We Serve Our Client’s Needs No Matter the Size of the Bond

We Serve Our Client’s Needs No Matter the Size of the Bond

by admin | Jul 13, 2023 | Surety Bonds

My office regularly gets approached about small bonds, such as $500, $1,000, $5,000, $2,500, and $10,000. These are often referred to as nominal bonds since they are so small. Whatever the amount, we appreciate the opportunity to work on the bond regardless of the...
Filing a Discharge Mechanic’s Lien by Bond

Filing a Discharge Mechanic’s Lien by Bond

by admin | Oct 13, 2022 | Mechanic’s Lien Bonds, Surety Bonds

In the past, I’ve discussed the Discharge of Mechanics Lien bonds in the state of New York and the various counties of New York. Today, I’m going to talk about the filing process which falls outside of what a bonding agency handles, which is necessary and...
How to Properly Cancel or Discharge a Mechanic’s Lien

How to Properly Cancel or Discharge a Mechanic’s Lien

by admin | Dec 22, 2021 | Court Bonds, Mechanic’s Lien Bonds, Surety Bonds

Today, I would like to discuss how to properly cancel or discharge a Mechanic’s Lien, which is also sometimes referred to as a Release of Lien Bond. One way to properly cancel or discharge a Mechanic’s Lien is to file a satisfaction of lien — if the lien was...
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