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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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What is lean update?
Lean update is a process where individuals or organizations file updated information about a previously filed lien.
Who is required to file lean update?
The party who filed the original lien is required to file the lean update.
How to fill out 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.
What is the purpose of lean update?
The purpose of lean update is to ensure that the most up-to-date information is available regarding a previously filed lien.
What information must be reported on lean update?
The information reported on lean update typically includes any changes to the original lien, such as updated amounts owed.
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