How To Extend a Mechanic’s Lien for a Second Year
FFGN COLLECT NY
MARCH 3, 2024
A mechanic’s lien on a private improvement is good for one year and one year only in New York. Suppose nothing is done to extend a mechanic’s lien before the expiration of the initial one-year period. In that case, the lien on the underlying real property will lapse, and you will no longer have a valid lien. You must take action if you want to extend a mechanic’s lien a second year.
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