On the Level LLC (LLC) owned property upon which it planned to erect a new residential condominium.
Question:
On the Level LLC (LLC) owned property upon which it planned to erect a new residential condominium. LLC contracted with McGrath for McGrath to act as general contractor on the project. Due to market changes, the project was abandoned soon after foundation work commenced. Shortly thereafter, McGrath filed a mechanic’s lien against the property. LLC challenged the lien because McGrath was unable to support many of the charges appearing on the lien’s breakdown list.
CASE QUESTIONS
1. Does the fact that McGrath could not support many of the charges render the lien invalid automatically? Why or why not?
2. What kind of evidence would McGrath need to supply in order to support his lien claim?
Step by Step Answer:
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol