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Tuesday, November 4, 2014

NJSA 2A:44A-33 Discharge of Record of Lien Claim

2A:44A-33. Discharge of record of lien claim

33. a. A lien claim may be discharged of record by the county clerk:

(1) Upon the execution and filing with the county clerk of a surety bond, or the deposit of funds with the clerk of the Superior Court of New Jersey, in favor of the claimant in an amount equal to 110% of the amount of the lien claim; or

(2) Upon receipt of a duly acknowledged certificate, discharging the lien claim from the claimant having filed the lien claim, or his successor in interest, or his attorney; or

(3) Pursuant to an order of discharge by the court.

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