Pennsylvania Mechanic's Lien Release Bond

Bond Penalty: Twice amount of lien unless reduced by judge or magistrate

Generally a surety bond is an excellent mechanism for immediate discharge of a lien from a parcel of real property. A Pennsylvania mechanic's lien release bond is not specifically mentioned in the prevailing statute (Title 49 P.S. §1510) however it is clear that a bond is acceptable security. Pursuant to section (d), In lieu of the deposit of cash a mechanic's lien discharge bond may be filed in the proceedings in double the amount of the required deposit, or in such lesser amount as the court shall approve, which in no event may be less than the full amount of such required deposit;  and the entry of such security shall entitle the owner to have such liens discharged to the same effect as though the required sums had been deposited in court as aforesaid. Filing of a surety bond does NOT invalidate the lienholder's claim but rather transfers the lien right from the real property to the surety company.

Pennsylvania surety bond leader, Surety One, Inc. is THE most responsive underwriter of judicial bonds in the nation. Our expertise in manuscripting surety bond forms acceptable to the courts, same day review, immediate bond execution and delivery are unmatched. We underwrite mechanic's lien release bonds in all fifty states, Puerto Rico and U.S. Virgin Islands. We are THE most agile and customer-friendly underwriter of surety bonds in the U.S. Our experience, same day underwriting, immediate authenticated bond execution and delivery are unmatched. No other surety brokerage has the underwriting authorities that we do. Call (800) 373-2804, email Underwriting@SuretyOne.com or click here for a live chat for application materials and assistance with your Pennsylvania Mechanic's lien release bond or any other surety need.

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What We Need From You

Additional Attachments

  • Copy of lien