lienor


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Related to lienor: Liens

lienor

n. a person who holds a lien on another's property or funds. (See: lien)

References in periodicals archive ?
That being the case, the answer on behalf of the lienor will not defeat the foreclosure case.
The Lien Law was executed to protect lienors and New York courts have applied the law with public policy in mind.
Using this test for prejudice, by definition, there is no scenario in which the intervening lienor could receive the windfall of being elevated to first lien position so long as the priority of the subrogee is limited to the amount owed on the first mortgage.
A copy of the application must be served on the lienor and filed on at least five days' notice to the court.
20(2) that says a lienor may not waive lien rights in advance of being paid for the work.
28) Any lienor has a direct right of action on the bond against the surety.
2001) (applying the Restatement (Third) of Property, which permits subrogation even in the face of actual knowledge by a refinancing lender, and by applying Fishbein and Godwin for the proposition that the refinancing bank's negligence is immaterial so long as the intervening lienor is not prejudiced); E.
Once the transfer has taken place, the clerk is required to record a certificate evidencing the transfer and mail a copy of it to the lienor whose lien was transferred.
The key dates, such as: first furnishing, service of notice, recording of lien, and last furnishing, along side the name and address of each lienor serving notice, can be reflected in summary format, so that "untimely" events become obvious.
In exercising its discretion, the court may consider as evidence of good faith that the lienor sought the advice of counsel before preparing and filing the claim of lien.
In addition, nothing prohibits this request from being sent by the lienor even after litigation begins, and the lienor's request is actually an expeditious way to obtain the identified information.
Upon filing a complaint therefor by any interested party the clerk shall issue a summons to the lienor to show cause within 20 days why his or her lien should not be enforced by action or vacated and canceled of record.