H. How To Assign A Lien (Private Lien)

JurisdictionNew York

H. How to Assign a Lien (Private Lien)

Lien Law § 14 provides the mechanism for the assignment of a lien. The lienor can assign the lien by a written instrument, signed and acknowledged, at any time before the discharge thereof. It cannot be assigned prior to filing.191 "[U]nless such assignment is filed, the assignee need not be made a defendant in an action to foreclose a mortgage, lien or other incumbrance."192

A mechanic's lien may be legally assigned after an undertaking or bond is given for the purpose of discharging the lien. The term "discharge," as contemplated by § 14, means the full and final discharge...

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