Question: On March 1 , 2 0 1 9 , Ava decided to renovate her 3 bedroom 2 bath home. Ava interviewed contractors and decided to
On March Ava decided to renovate her bedroom bath home. Ava interviewed contractors and decided to hire Conner Construction Company. Ava obtained an equity loan from First Lender for $ to cover the cost of construction. Ava signed a promissory note and executed a mortgage to First Lender. First Lender recorded on March and First lender advanced Ava $ with the option to extend the remaining $ as needed. Ava made a down payment to Conner of $ Conner started construction on April Construction was completed on June Conner provided a bill to Ava for the remaining $ Conner tried to be patient but it is now September and Ava has not paid Conner. Conner is worried and asked you to explain what he should do to protect his rights. Specifically, Conner wants to know what date his lien receive for priority if there is a foreclosure action? Advise Conner.
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