Bonds are necessary in construction disputes where unpaid contractors are filing mechanic’s liens against property owners. In these disputes, the property owners must file a bond because liens violate their mortgages. If a construction litigator has a client looking to obtain a bond and file it, they should not hesitate because filing and curing a lien has been taking a lot longer than it used to.
PEDERSEN & SONS SURETY BOND AGENCY, INC.
15 Maiden Lane Suite #800
New York, NY 10038
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