[RPPTL-constructionlaw] New Jersey residential lien law arbitration
PSMLAWFIRM at aol.com
PSMLAWFIRM at aol.com
Tue Jun 14 12:57:27 PDT 2011
Although not stated, it seems that this statute is geared more toward the
new construction, or development, instead of remodeling or improvement.
That being said, I do not agree with the Legislature's premise that "minor"
disputes pose a "serious impediment" in transferring title. If it is minor,
a bond would generally ease the transfer.
I also feel that requiring arbitration that quickly will increase the costs
too quickly - especially on smaller liens - making it even more difficult
to resolve the dispute amicably.
Also, in trying to deal with property facing undersecured liens, a pro rata
concept is interesting. To me, that only makes sense if there are time
priority issues. Perhaps in NJ all of the liens relate back to a common
time. However, that only seems logical in new construction or with only one
project being performed. It does not seem workable if there are multiple
contracts or, e.g. NOC's, for different aspects of the project.
Paul
Paul S. Martin, Esq.
Law Offices of
Paul S. Martin & Associates, P.A.
2134 Hollywood Boulevard
Hollywood, FL 33020
USA
Phone 954.923.4604
Telefax 954.923.6545
___________________________
This message is intended only for the use of the individual or entity to
which it is directed. The information contained in this E-mail message is
privileged, confidential, and may be protected from disclosure; please be
aware that any other use, printing, copying, disclosure or dissemination of
this communication may be subject to legal restriction or sanction. If you
think that you have received this E-mail message in error, please
immediately reply to the sender.
In a message dated 6/14/2011 12:10:43 P.M. Eastern Daylight Time,
Leiby at mkpalaw.com writes:
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
_______________________________________________
constructionlaw mailing list
constructionlaw at lists.flabarrpptl.org
http://mailman.fsr.com/mailman/listinfo/constructionlaw
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/constructionlaw/attachments/20110614/8fffb0a0/attachment.html>
More information about the constructionlaw
mailing list