Building Loan Mortgages And The New York Lien Law

Program Description: Anyone who has practiced real estate law in New York for any period of time has learned that the New York Lien Law has pitfalls for the real estate practitioner, and that, regardless of the side of the table on which you sit, you cannot adequately protect your client without a solid understanding of the New York Lien Law. Nowhere is that principle more important than in the area of construction lending. Whether you are on the borrower’s side or the lender’s, this program will provide you with a working understanding of the pitfalls in the Lien Law and how to avoid them, including how to create a proper Section 22 affidavit, the proper use of Notices of Lending, and how to foresee and avoid the priority problems built into the Lien Law.