Asked by Michael Hernandez on May 05, 2024
Verified
Kyla hires a contractor to remodel her home. She does not agree to a lien or sign any documentation giving the contractor a lien. He claims a lien on the house anyway. What type of lien does he have?
A) Statutory
B) Consensual
C) Judgment
D) Approved
E) Evaluated
Lien
A legal claim or right against a property as security for payment of a debt or obligation.
Statutory
Related to, or created by, statutes, which are laws enacted by a legislative body.
- Acquire a basic understanding of the different kinds of liens and the methods by which they are established.
- Distinguish between consensual and non-consensual liens and their legal bases.
Verified Answer
AN
Adriana NicoleMay 12, 2024
Final Answer :
A
Explanation :
The contractor has a statutory lien, which is a right to keep possession of property belonging to another person until a debt owed by that person is paid. In many jurisdictions, contractors, subcontractors, and suppliers have the right to claim a lien on a property they have worked on or supplied materials for, without the need for a prior agreement, under what is often called a mechanic's lien or construction lien law. This is established by statute, hence the term "statutory lien."
Learning Objectives
- Acquire a basic understanding of the different kinds of liens and the methods by which they are established.
- Distinguish between consensual and non-consensual liens and their legal bases.