New York Demand for Itemized Statement - Individual

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Right of beneficiaries to examine books or records and make copies, or to receive statement.
Section 13(3) and Article 3-A of the Lien Law provide contractors trust fund protection, wherein the owner of the project (i.e., the borrower) is designated as a statutory trustee responsible for the proper application and disbursement of building loan funds available for payment of project costs.
Pursuant to New York Lien Law 77, any officer, director or agent of such trustee, who participate in a diversion of trust assets to a non-trust purpose is personally liable to statutory trust beneficiaries.
Every trustee shall keep books or records with respect to each trust of which he is trustee and, if funds of separate trusts are deposited in the same bank account, shall keep a record of such account showing the allocation to each trust of the deposits therein and withdrawals therefrom.
Waiver of lien. Notwithstanding the provisions of any other law, any contract, agreement or understanding whereby the right to file or enforce any lien created under article two is waived, shall be void as against public policy and wholly unenforceable.

People also ask

In New York, for private property, the mechanics lien must be filed within eight months after the Lienors work is completed. N.Y. Lien Law 10. If the work was performed on a single-family dwelling, the mechanics lien must be filed within four months of the last day work was performed.
New York Lien Law 38 provides that on demand of the owner or contractor to the lienor, a verified statement in writing, stating the items of labor and/or material which form the basis of the lien, and the value of such labor/material which encompass the lien being asserted.

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