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LEAN UPDATE May 11, 2015Summary of HUD's LEAN 232 Program Email Blast: Office of Residential Care Facilities (ORCS), April 30, 2015, Christine Waldman Harmony×Waldman×pepperlaw.com Blair L. Schiff×Schiff×pepper
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Lean update is a process where individuals or organizations file updated information about a previously filed lien.
The party who filed the original lien is required to file the lean update.
Lean update can be filled out by providing updated information on the original lien, such as changes in the amount owed or any other relevant details.
The purpose of lean update is to ensure that the most up-to-date information is available regarding a previously filed lien.
The information reported on lean update typically includes any changes to the original lien, such as updated amounts owed.
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