Wrongful recording of notice of termination

28 V.I.C. § 263 — under Construction Liens.

28 V.I.C. § 263

(a) An owner has an obligation to lien claimants not to record a notice of termination except after stoppage or completion of the work on the improvement or in connection with sale of a completed portion of the real estate being improved.

(b) If an owner improperly records a notice of termination he is personally liable to a lien claimant to the extent that the claimant is unable to realize on a lien because of the improper recording.