Downloand this free quick reference guide for Importat Payment Recover Deadlines in the New York Construction Industry. Click Deadlines to download the PDF file now.
Pursuant to Article 3A of the Lien Law, beneficiaries of construction trust funds may demand that trustees of such funds produce certain books and records of the trust so that the beneficiary may verify that all expenditures by the trustee … Continue reading
COLLECTING ON AN UNPAID CONSTRUCTION CONTRACT Collection is a part of every business, but in the construction industry it sometimes seems like collection is 90% of the business with 10% devoted to the actual construction. If you plan for collection … Continue reading
What is New York’s Lien Law Section 76? Pursuant to Lien Law Section 76, a beneficiary of a trust may, after thirty days of an unpaid trust claim, serve a demand requiring the trustee to verify the entries on the … Continue reading
Article 3A of the Lien Law is a potential nightmare waiting to happen for contractors. Often, the nightmare begins when the contractor is served with a Demand for a Verified Statement under Lien Law Section 76 by a trust … Continue reading