Frequently Asked Questions - New Jersey Mechanics Lien
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LienItNow.com provides online mechanics lien forms to help contractors, sub-contractors, and suppliers secure the payment they need. In three simple steps, complete your mechanics lien on your own time in only 10 quick minutes. Once a time-consuming process for construction companies, LienItNow.com makes filing your mechanics lien faster and easier than ever. LienItNow.com can also help you create bond claims, pre-lien notices and lien releases.
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In the state of New Jersey, liens filed on private property are known as mechanics' liens . When a New Jersey mechanics lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. When a New Jersey mechanics lien is filed on a public project, the lien attaches to and secures the funds in the public owner's hands, prohibiting the owner from releasing that money until the mechanics lien is satisfied.
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On a private project, the New Jersey mechanics' lien places an encumbrance on the property that makes it difficult to resell or re-finance the property without first removing the construction lien. On a public project, the filing of a New Jersey mechanics lien freezes the fund of money that has been allocated for the public project, thus reducing or sometimes even stopping the flow of payments to the offending contractor until the lienor is paid.
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