Construction Lien Claim - Mechanic Liens - Business Entity - New Jersey 2025

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Discharge by Bond construction lien has not been paid off or satisfied, the lien can be discharged by the filing of a bond with the county clerk. surety bond in favor of the claimant in an amount equal to 110% of the amount of the lien claim, the lien is effectively bonded off of the property.
Mechanics Liens Finally, a supplier, contractor, or subcontractor can place a mechanics lien on the property of a small business if the business fails to pay a debt. For example, if a contractor constructs a new building on a small businesss property, the contractor may file a mechanics lien against the property.
A construction lien must be filed within 90 days from the date the last work was performed, or from the last date on which materials, services or equipment was provided. The construction lien must be filed with the county clerk for the county in which the property to be subject to the lien is located.
While a deed of trust can only be recorded if the homeowner agrees to it, a mechanics lien can be recorded without the consent of the property owner, which makes it a powerful payment remedy for those who furnish labor, equipment and materials on a project.
Several types of liens may be placed on commercial property, each with different legal and financial implications. They include: Mortgage Liens: These arise when a property is used as collateral for a loan. If the owner defaults, the lender has the right to foreclose on the property.
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You need a court order to actually place the lien on a business or on one of their properties. This properly notifies and directs the company you are filing against to pay what is owed.

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