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A9786Assembly2019-2020 SessionSame asS7191

Disclose Single-Family Lien Status

Official title

“Relates to disclosing if the property subject to lien is real property improved or to be improved with a single family dwelling”

Sponsor David BuchwaldAD-93Affects Legal
Status
Assembly Floor Calendar
Impact
3/10
Low
Outcome
Companion signed

Bill progress

Signed via S7191

What's happening

This bill amends the lien law to require disclosure of whether the liened property is or will be improved with a single family dwelling.

Why it matters

  1. Increases transparency. for property owners and buyers by requiring lien notices to explicitly state whether the property in question is or will be improved with a single family home, making it easier to assess the nature and potential risks of a lien.

  2. Impacts contractors and subcontractors. by clarifying lien notice requirements, potentially reducing errors and disputes about the status of the property and whether special protections for single-family dwellings apply.

  3. May influence lending and real estate transactions. , as lenders and purchasers can more quickly determine if the property is (or will be) a single family home, which can affect financing decisions and due diligence processes.

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Who cares

Headline styles

Disclose Single-Family Lien Status

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
David Buchwald

Assembly Member · Assembly District 93

No co-sponsors yet.

History

  1. Substituted by S7191
  2. Advanced to third reading cal.451
  3. Reported
  4. Referred to judiciary

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

S7191Senate

Disclose Single-Family Lien Status

Signed by Governor · Sponsor Pete Harckham

Impact 3 · LowSigned into law

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

9786

IN ASSEMBLY

February 11, 2020

Introduced by M. of A. BUCHWALD -- read once and referred to the Committee on Judiciary

AN ACT to amend the lien law, in relation to disclosing if the property subject to lien is real property improved or to be improved with a single family dwelling

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Subdivision 7 of section 9 of the lien law, as amended by a chapter of the laws of 2019, amending the lien law relating to disclosing if the property subject to lien is real property improved or to be improved with a single family dwelling, as proposed in legislative bills numbers S. 5491 and A. 4766-B, is amended to read as follows:

7. The property subject to the lien, with a description thereof sufficient for identification; and if in a city or village, its location by street and number, if known; whether the property subject to the lien is [(a)] real property improved or to be improved with a single family dwelling or [(b)] not [real property improved or to be improved with a single family dwelling]. A failure to state the name of the true owner or contractor, or a misdescription of the true owner, shall not affect the validity of the lien. The notice must be verified by the lienor or his agent, to the effect that the statements therein contained are true to his knowledge except as to the matters therein stated to be alleged on information and belief, and that as to those matters he believes it to be true.

§ 2. This act shall take effect on the same date and in the same manner as a chapter of the laws of 2019, amending the lien law relating to disclosing if the property subject to lien is real property improved or to be improved with a single family dwelling, as proposed in legislative bills numbers S. 5491 and A. 4766-B, takes effect.

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD06722-05-0

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.