Do you have a mechanic’s lien filed against you? Was a construction lien filed by a contractor or supplier against your project? If so, you have the ability to file a surety bond to discharge the mechanic’s lien. Discharging a mechanic’s lien by bond is the most cost effective strategy in ensuring your project continues and the title of the property remains clear.

What is a Mechanic’s Lien Discharge Bond?

New York Lien Law § 19(4), allows a lien to be discharged by filing a surety Bond. A Bond Discharge is a mechanism for temporarily removing a mechanic’s lien from the title of the property. The property owner or contractor can file a Bond against the Mechanic’s Lien. A Bond deposits 110% the value of the Lien with the courts. 

The bond guarantees the Lienor any payment that is still due to them with interest should they win the case in a court of law.

Discharging a mechanic’s lien by filing a Discharge Bond is the most common and effective way of discharging a Lien. If a Lien was filed against you, you have the ability to file a Bond Discharge a/k/a “Bonding Off” to temporarily remove the Lien Claim. 

Discharging a Mechanic’s Lien by bond is the most simple and cost effective method of discharging a lien. What are the steps to discharging a lien by bond? First, you obtain a surety bond. This would be done via your insurer or we can recommend a surety company who specialize in obtaining the surety bond at the lowest possible cost. After the surety bond is approved, New York Bond Filing Agent handles the filing of the bond and serving the lienor (party who filed the lien) with notice of your Bond Discharge.

Call New York Bond Filing Agent for a free consultation. Filing a discharge bond is simple, easy and effective. Don’t settle, bond it.

Visit our website: www.NewYorkBondFilingAgent.com for more information. We have an intake application on our website that takes minutes to fill out. www.NewYorkBondFilingAgent.com/File-a-Bond The experts in filing discharge bonds and surety bonds against mechanic’s liens. Bond off a lien now.

Jennifer Spinning, Principal of New York Bond Filing Agent.

212-500-1229 or email us at Info@NewYorkBondFiling.com

50 East 42nd Street, New York, NY 10017.