State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 14

§ 14. Assignment of lien. A lien, filed as prescribed in this article,  may  be  assigned by a written instrument signed and acknowledged by the  lienor, at any time before the discharge thereof. Such assignment  shall  contain  the names and places of residence of the assignor and assignee,  the amount of the lien and the date of filing the notice of lien, and be  filed in the office where the notice of the lien assigned is filed.  The  facts relating to such an assignment and the names of the assignee shall  be entered by the proper officer in the book where the notice of lien is  entered and opposite the entry thereof. Unless such assignment is filed,  the  assignee  need  not be made a defendant in an action to foreclose a  mortgage, lien or other incumbrance. A payment made by the owner of  the  real  property  subject  to  the  lien  assigned  or  by  his  agent  or  contractor, or by  the  contractor  of  a  public  corporation,  to  the  original  lienor,  on  account  of  such  lien,  without  notice of such  assignment and before the same is filed, shall  be  valid  and  of  full  force  and  effect.  Except  as  prescribed  herein,  the validity of an  assignment of a lien shall not be affected by  a  failure  to  file  the  same.

State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 14

§ 14. Assignment of lien. A lien, filed as prescribed in this article,  may  be  assigned by a written instrument signed and acknowledged by the  lienor, at any time before the discharge thereof. Such assignment  shall  contain  the names and places of residence of the assignor and assignee,  the amount of the lien and the date of filing the notice of lien, and be  filed in the office where the notice of the lien assigned is filed.  The  facts relating to such an assignment and the names of the assignee shall  be entered by the proper officer in the book where the notice of lien is  entered and opposite the entry thereof. Unless such assignment is filed,  the  assignee  need  not be made a defendant in an action to foreclose a  mortgage, lien or other incumbrance. A payment made by the owner of  the  real  property  subject  to  the  lien  assigned  or  by  his  agent  or  contractor, or by  the  contractor  of  a  public  corporation,  to  the  original  lienor,  on  account  of  such  lien,  without  notice of such  assignment and before the same is filed, shall  be  valid  and  of  full  force  and  effect.  Except  as  prescribed  herein,  the validity of an  assignment of a lien shall not be affected by  a  failure  to  file  the  same.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Lie > Article-2 > 14

§ 14. Assignment of lien. A lien, filed as prescribed in this article,  may  be  assigned by a written instrument signed and acknowledged by the  lienor, at any time before the discharge thereof. Such assignment  shall  contain  the names and places of residence of the assignor and assignee,  the amount of the lien and the date of filing the notice of lien, and be  filed in the office where the notice of the lien assigned is filed.  The  facts relating to such an assignment and the names of the assignee shall  be entered by the proper officer in the book where the notice of lien is  entered and opposite the entry thereof. Unless such assignment is filed,  the  assignee  need  not be made a defendant in an action to foreclose a  mortgage, lien or other incumbrance. A payment made by the owner of  the  real  property  subject  to  the  lien  assigned  or  by  his  agent  or  contractor, or by  the  contractor  of  a  public  corporation,  to  the  original  lienor,  on  account  of  such  lien,  without  notice of such  assignment and before the same is filed, shall  be  valid  and  of  full  force  and  effect.  Except  as  prescribed  herein,  the validity of an  assignment of a lien shall not be affected by  a  failure  to  file  the  same.