Mechanics Lien Flashcards
1
Q
A mechanic’s lien is
A
a statutory lein that arises in favor of those who supply labor and as part of a project add value to property
2
Q
Procedure for Mechanics Lien
A
File with Clerk of Court in the county where the property is located within 90 days of the end of the month during which work was last preformed
3
Q
Mechanics’s liens have priority over
A
Any prior interest in the structure
4
Q
Remedy for Mechanic’s lien
A
Holder can demand payment or sell property at public s