Sec. 49-92b. Dissolution on substitution of bond. Joinder of actions on claim and bond.
Sec. 49-92b. Dissolution on substitution of bond. Joinder of actions on claim
and bond. (a) Whenever any purchaser's lien has been placed upon any real estate
pursuant to section 49-92a, the owner of the real estate, or any person interested in the
real estate, may make an application to any judge of the Superior Court that the lien be
dissolved upon the substitution of a bond with surety, and the judge shall order reasonable notice to be given to the lienor of the application. If the lienor is not a resident of
the state, the judge may order notice to be given by publication, registered or certified
mail or personal service.
(b) If the judge is satisfied that the applicant in good faith intends to contest the
lien, he shall, if the applicant offers a bond, with sufficient surety, conditioned to pay
to the lienor or his assigns such amount as the judge may adjudge to have been secured
by the lien, with interest and costs, order the lien to be dissolved and the bond substituted
therefor and shall return the application, notice, order and bond to the clerk of the superior
court for the judicial district wherein the lien is recorded. If the applicant, within ten
days from the return, causes a copy of the order, certified by the clerk, to be recorded
in the town clerk's office where the lien is recorded, the lien shall be dissolved.
(c) Whenever a bond is substituted for any lien after an action for the foreclosure
of a lien has been commenced, the plaintiff in that foreclosure may amend his complaint,
without costs, so as to make the action one upon the bond with which the plaintiff may
join an action to recover upon his claim.
(d) Whenever a bond is substituted for any lien before an action for the foreclosure
of the lien has been commenced, the plaintiff may join the action upon the bond with
an action to recover upon his claim.
(e) Whenever a bond has been substituted for any lien, pursuant to this section,
unless an action is brought to recover upon such bond within two years from the date
of recording the certificate of lien, such bond shall be void.
(February, 1965, P.A. 272, S. 2; P.A. 76-436, S. 650, 681; P.A. 78-280, S. 1, 127; P.A. 79-602, S. 127; 79-631, S. 40, 111.)
History: P.A. 76-436 deleted references to powers of judges of court of common pleas under section and added reference
to judicial districts, effective July 1, 1978; P.A. 78-280 deleted reference to counties; P.A. 79-602 divided section into
Subsecs. and changed wording slightly but made no substantive changes; P.A. 79-631 made technical correction.
Cited. 36 CA 206.