[RPPTL-constructionlaw] New Jersey residential lien law arbitration

[Meyer, George J.]

Thanks for sharing this with us Larry. Interesting, though fairly
complex, approach to residential construction liens. I wonder if  Ma &
Pa in NJ will understand this new process any better than the old one?
To me one of the more interesting provision is the last subsection (13),
which reduces the construction lien amount based upon the net sales
proceeds generated by a sale of the residential ppty. Looks like a way
for individuals and banks to get construction liens more easily removed
to allow them to more easily sell off their residential ppty's that are
financially underwater.

 

George

 

 

George J. Meyer
Attorney At Law

4221 W. Boy Scout Boulevard, Suite 1000
Tampa, Florida  33607-5780 

direct 813.229.4140
fax 813.229.4133
gmeyer at carltonfields.com
www.carltonfields.com 
bio <http://www.carltonfields.com/gmeyer/>  
vcard
<http://www.carltonfields.com/attorneys/AttorneyVCard.aspx?id=c92aac8a-d
713-42f8-bd11-3a5101f160db>  

 

 

 

From: constructionlaw-bounces at lists.flabarrpptl.org
[mailto:constructionlaw-bounces at lists.flabarrpptl.org] On Behalf Of
Larry Leiby
Sent: Tuesday, June 14, 2011 12:09 PM
To: constructionlaw at lists.flabarrpptl.org
Subject: [RPPTL-constructionlaw] New Jersey residential lien law
arbitration

 

We hear from time to time that residential (Ma & Pa) construction liens
should be treated differently from the typical commercial lien.  The
next time we hear about that we may want to look at something akin to
what New Jersey implemented in January, 2011, copy attached.  

 

I just put it out there for reaction from the committee, without
recommendation for or against.  If it were to be considered, it would
need a little surgery to make it comport with Florida procedure.  I just
found it interesting and thought I would share.

 

Regards,

 

Larry R. Leiby, Esq.

Malka & Kravitz, P.A.


1300 Sawgrass Corp. Pkwy., Suite 100

Ft. Lauderdale, FL  33323

Phone:  954-514-0984

Fax:      954-514-0985

 

e-mail:  leiby at mkpalaw.com

 

Board Certified in Construction Law

Certified Circuit Court Civil Mediator

Fellow, College of Commercial Arbitrators

 

 
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