§ 8 — Terms of contract may be demanded

New York § 8

• Jurisdiction: New York
• Law LIE: Lien
• Art. 2: Mechanics' Liens

Text

§ 8. Terms of contract may be demanded. A statement of the terms of a\ncontract made between an owner and a contractor, pursuant to which an\nimprovement of real property is being made, and, of the amount due or to\nbecome due thereon shall be furnished upon demand in writing by the\nowner, or his duly authorized agent, to a subcontractor, laborer or\nmaterial man performing labor for or furnishing materials to a\ncontractor, or subcontractor, under such contract. If, within thirty\ndays of such demand the owner refuses or neglects to furnish such\nstatement or falsely states the terms of such contract or the amount due\nor to become due thereon, and a subcontractor, laborer or material man\nhas not been paid the amount of his claim against a contractor or\nsubcontractor, under such contract, and a judgment has been obtained and\nexecution issued against such contractor or subcontractor and returned\nwholly or partly unsatisfied, the owner shall be liable for the loss\nsustained by reason of such refusal, neglect or false statement, and the\nlien of such subcontractor, laborer or material man, filed as prescribed\nin this article, against the real property improved for the labor\nperformed or materials furnished after such demand, shall exist to the\nsame extent and be enforced in the same manner as if such labor and\nmaterials had been directly performed for and furnished to such owner.\n