Tag: Lien

Maintenance A Ten Item Punchlist
2007 Nov A Ten Item Punchlist

When a client hires a general contractor to build or renovate property, that company is legally responsible for completing all of that work. The contractor may go out and hire different companies or subcontractors to help execute that wo…

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Law & Legislation Lien on Me
2007 Apr Lien on Me

Unfortunately, it is not uncommon for persons who perform labor on or furnish materials to the common elements of a condominium to assert that they have not been fully paid for the labor performed or materials supplied. The possible asserti…

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Maintenance Who's Responsible
2007 Mar Who's Responsible

As the cycle of work from the most recent Local Law 11 deadline expires, buildings inevitably must resolve issues over fees they owe to the contractors who did the work, completion of the work and questions about the quality of the …

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Q&A Q&A: Closing Question
2006 Oct Q&A: Closing Question

Q I have an accepted offer on a condo in Manhattan, and I have a letter of commitment from my lender. Before proceeding to submit my application to the board, I was instructed by the managing agency that submission of tax returns, payr…

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