Tag Archives: lien transfer bond

You Still Need to Timely Foreclose Your Lien Against a Lien Transfer Bond

The other day, I consulted with a contractor that recorded a construction lien.  Its lien had been transferred to a lien transfer bond pursuant to Florida Statute s. 713.24.  With the lien transfer bond, instead of foreclosing the lien against … Continue reading

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The Purpose of Lien Transfer Bonds (to Transfer the Construction Lien)

Remember that construction liens can be transferred to a lien transfer bond to transfer the lien from the real property to the security of a bond.   Thus, when the lienor forecloses on its lien, they are not foreclosing on the … Continue reading

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Suing a Lien Transfer Bond in County where Bond is Posted

Previously, I discussed the venue to sue on a payment bond. What about the venue to sue on a lien transfer bond (which is a bond posted in order to transfer a construction lien from the real property to the … Continue reading

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Transferring a Construction Lien to a Lien Transfer Bond

On a private project, unless the owner requires the general contractor to furnish a payment bond, the owner’s property is subject to construction liens from suppliers and subcontractors. If a lien is recorded, however, the owner has an option to … Continue reading

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