Plaintiffs entered into a contract with Ralco Development, Inc. for the construction of a new home on property they owned in the Town of Neversink, Sullivan County. Plaintiffs obtained a construction loan from Mid-Hudson Savings Bank. At the time of the closing of the construction loan, a mechanic's lien had been filed against the property by William Abplanalp, doing business as Abplanalp Construction. In order to proceed with the closing...
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