[CLC-Discussion] Lien Transfer Issue

Charles B. Hernicz, Esq CHernicz at Herniczlegal.com
Tue Jul 7 15:06:46 PDT 2015


A puzzler--would appreciate feedback.  Subcontract A files claim of lien in
March 2014 and a foreclosure action on the lien in July 2014.  Owner
initially transfers lien to cash bond, lienor files an amended complaint
against the cash bond, and later obtains a surety transfer bond.  The cash
bond is released by court order, and the lienor files an amended complaint
against the transfer bond in February 2015 BUT NEVER SERVES the surety with
the amended complaint to foreclose on the lien transferred to surety bond.
What does the owner do--just sit and wait to see what happens?  The
foreclosure against the bond is still timely under 713.24(4), but the
summons (issued in Feb 2015) was never served on the surety. 

Chuck





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