today:
1,433
yesterday:
1,531
Total:
1,333,444

부동산

Real Estate Law 66

2019.05.12 19:35 Views : 113

Check Your Understanding Answers

  1. What does a mechanic’s lien do?

    It secures the costs of labor, materials, and supplies incurred in the repair or construction of real property improvements so that if a property owner fails to pay for work performed, or materials supplied, a worker or supplier can file a lien to force the sale of the property and collect the debt.
     
  2. What is the purpose of a preliminary notice?

    To prevent secret lien filings or claimants
     
  3. If a notice of completion or cessation is filed by a homeowner, how long do general and subcontractors have to file a mechanic’s lien against the property?

    A general or direct contractor has 60 days from the recording of the completion or cessation notice to file a lien.

    A subcontractor has 30 days after the owner recorded the notice of completion or cessation to file a lien.
     
  4. What happens if a lienor does not enforce a mechanic’s lien within 90 days of it being recorded?

    The lien is automatically terminated.
  5.  
No. Subject Date Views
331 Real Estate Law 85 2019.05.15 133
330 Real Estate Law 84 2019.05.15 134
329 Real Estate Law 83 2019.05.15 148
328 Real Estate Law 82 2019.05.15 125
327 Real Estate Law 81 2019.05.15 131
326 Real Estate Law 80 2019.05.15 119
325 Real Estate Law 79 2019.05.14 139
324 Real Estate Law 78 2019.05.14 145
323 Quiz 11 2019.05.13 7517
322 Review Chapter 11 2019.05.13 957
321 Real Estate Law 77 2019.05.13 138
320 Real Estate Law 76 2019.05.13 164
319 Real Estate Law 75 2019.05.13 160
318 Real Estate Law 74 2019.05.13 132
317 Real Estate Law 73 2019.05.13 130
316 Real Estate Law 72 2019.05.13 111
315 Real Estate Law 71 2019.05.13 119
314 Real Estate Law 70 2019.05.13 135
313 Real Estate Law 69 2019.05.13 183
312 Quiz 10 2019.05.12 8871
311 Review Chapter 10 2019.05.12 181
310 Real Estate Law 68 2019.05.12 143
309 Real Estate Law 67 2019.05.12 132
» Real Estate Law 66 2019.05.12 113
307 Real Estate Law 65 2019.05.12 119
306 Real Estate Law 64 2019.05.12 203
305 Real Estate Law 63 2019.05.12 118
304 Real Estate Law 62 2019.05.12 205
303 Quiz 9 2019.05.11 7175
302 Real Estate Law 61 2019.05.11 138