Construction Lien Act

Question 1

Construction Lien Act

Answer 1

An ACT to establish, protect, and enforce by lien the rights of persons
performing labor or providing material or equipment for the improvement
of real property; to provide for defenses to construction liens; to provide
remedies and prescribe penalties; and to repeal acts and parts of acts.

Question 2

Contractors and Suppliers summit form within ____ days of providing goods
and services.

Answer 2

20 days

Question 3

Laborers summit form within ____ days after wages are due.

Answer 3

30

Question 4

Claim of Lien Must be filed within ____ days of last furnishing labor or materials for a
project.

Answer 4

90

Question 5

Sworn Statement, A copy must be given to a party who has a right to a copy within ____
days of request.

Answer 5

10

Question 6

Proof of service of a claim of lien: Must present a copy of claim of lien to the responsible party or parties
within ___ days

Answer 6

15

Question 7

Foreclosure: Proceedings to foreclose must take place within ____ year of the date
the claim lien was recorded.

Answer 7

1

Question 8

Foreclosure: Redemption periods shall not exceed ____ months.

Answer 8

4

Question 9

Notice of Commencement fill out (time stamp 15:00, section 010)

Question 10

According to the Construction Lien Act, what must the owner, General Contractor, Subcontractor, or Supplier supply within 10 days of being asked for a copy by anyone entitled to a copy?

Answer 10

notice of commencement

Question 11

The “Claim of Lien” must be filed within ___ days of LAST furnishing labor or materials for a project.

Answer 11

90 days

Question 12

Proceedings to foreclose must occur within ____ of the date the claim lien was recorded.

Answer 12

1 year

Question 13

According to the Construction Lien Act, what recommendations are given for your protection?

Answer 13

Never use your assets to complete someone’s project.
Get sufficient down payments and/or obtain sufficient progress payments as the job progresses.
Have well-defined contracts that include the rights and responsibilities of binding parties.
All of the above.

Question 14

Which document lists each subcontractor, supplier, and laborer for whom payment of wages or fringe benefits and withholdings is due but unpaid, with whom the (contractor)(subcontractor) has (contracted)(subcontracted) for performance under the contract with the owner or lessee, and the amounts due to the persons as of the date of the statement?

Answer 14

the sworn statement

Question 15

go through and study and print out the lien.

Question 16

Understand the order of the waiver statements. Might have to rewatch video 011

Question 17

partial disclosed payments

Question 18

discharge of lein