Asked by Elijah Price on May 05, 2024
Verified
Which of the following is generally true about state statutes establishing mechanic's and materialman's liens?
A) Most of them require the mechanics and the materialmen to sign a deed of trust.
B) They require that work be done in the performance of a contract to improve real property.
C) They do not allow subrogation by mechanics and materialmen.
D) They require mechanics and materialmen to enter into a quasi contract with the contractor.
State Statutes
Laws enacted by state legislatures that govern within the state's boundaries.
Mechanic's Lien
A legal claim against a property by a contractor or repair person for unpaid labor or materials.
Materialman's Lien
A legal claim against a property by a contractor, supplier, or worker for unpaid labor or materials provided for improving the property.
- Comprehend the judicial process and prerequisites for the initiation and implementation of mechanic's and materialman's liens.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
No lien can be claimed unless the work is done or the materials are furnished in the performance of a contract to improve specific real property.
Learning Objectives
- Comprehend the judicial process and prerequisites for the initiation and implementation of mechanic's and materialman's liens.