DocketNumber: No. CV92 534894
Citation Numbers: 1995 Conn. Super. Ct. 6006
Judges: MULCAHY, J.
Filed Date: 6/19/1995
Status: Non-Precedential
Modified Date: 4/18/2021
Plaintiff has requested that any surety bond substituted for the existing lien be in the amount of $25,000, as more particularly set forth in my prior ruling (5/18). That amount is commensurate with the apparent value of plaintiff's claim for materials supplied; on the documentation before the court, I am unable to find that the amount of this mechanic's lien is manifestly excessive, or that the amount of plaintiff's claim is clearly less than the amount of its existing lien. The court is aware of the remedial intent underlying the statutory scheme relating to mechanic's liens; the statutes are intended to permit the property owner to secure a dissolution of the lien, and thereby avoid restricting alienation of the property interest, provided the lienor's rights are not prejudiced by such dissolution.3 Defendant, on the status of the record in this case, is statutorily I entitled to have the existing lien dissolved upon substitution of a bond, with sufficient surety, in an amount equivalent to that of the existing lien ($25,000), with interest and costs, which, in this court's view, based on what has been provided, constitutes "such amount as a court of competent jurisdictionmay adjudge to have been secured by the lien." A court assuredly would authorize a bond in that amount, with sufficient surety, if offered, in substitution of the existing lien.4 Upon substitution of a bond, with sufficient surety,
in such amount, procedures to undertake to secure a reduction of the amount of said bond would exist under the provisions of Section
Consistent with the aforesaid, the motion for reconsideration is denied in that the court declines to disturb its May 18, 1995 ruling on defendant's application to dissolve (File #165), for the reason that defendant has not offered a bond, with sufficient surety, conditioned to pay the lienor, or its assign, such amount as a court of competent jurisdiction may adjudge to have been secured by the lien, with interest and costs. However, defendant, as was agreed to by plaintiff's counsel, may obtain a dissolution of the existing lien by offering a bond, with adequate surety, in the amount of the said lien, with interest and costs, at any time.5 Reconsideration is also denied with respect to this court's May 18, 1995 holdings on the remaining three motions (File #163, #159 and #167).
Mulcahy, J.