state_legiscan_drain · NY
Provides for the continuation of a mechanic's lien which has been discharged by undertaking for a period of three years from the commencement of a foreclosure action.
April 23, 2026
Summary
If enacted, this bill would extend the period for which a mechanic's lien discharged by an undertaking remains enforceable to three years from the commencement of a foreclosure action, rather than the current shorter period. This change primarily affects construction lenders and contractors by prolonging the lien's effectiveness during foreclosure proceedings.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
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Source: https://www.nysenate.gov/legislation/bills/2025/S10033
Common questions
- What does "Provides for the continuation of a mechanic's lien which has been discharged by undertaking for a period of three years from the commencement of a foreclosure action." cover?
- If enacted, this bill would extend the period for which a mechanic's lien discharged by an undertaking remains enforceable to three years from the…
- When was it published?
- It was published on April 23, 2026.