Last week (June 21, 2010), the New Jersey Assembly unanimously passed the long-awaited revisions to the New Jersey Construction Lien Law (NJSA 2A:44A-1, et seq) (the "Lien Law").
The Senate version of the bill is up next which, was referred to the Senate Commerce Committee in May, where it is expected to remain until the Legislature returns in the Fall.
The proposed Lien Law revisions are based almost entirely on the March 2009 final report of the New Jersey Law Revision Commission, seeking to fill the gaps in, and improve the application of the original 1993 Lien Law. Some of the proposed amendments are a codification of decisions of federal and state courts, including the New Jersey Supreme Court, which have sought to interpret the Lien Law since its enactment.
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