Discharge of Mechanic’s Lien for Public Improvement Bond in New York

by Joshua Malone

Discharge of Mechanic’s Lien for Public Improvement bonds are very rare but they share some similarities to regular Discharge of Mechanic’s Lien (DML) bonds. These bonds arise in situations where a subcontractor, hired by a Principal contractor, has not received payment for work performed on a public project. In most cases, public entities require contractors […]

Discharge of Mechanic’s Lien Bond

by Joshua Malone

What is a discharge of mechanic’s lien bond? Simply put, it is a bond to validate the delay of payment for work performed on a piece of property. Contractors, subcontractors, and suppliers file liens against property they have worked on if they have not received due payment. The contractor files the lien with the county […]