Question: true or false 5. Generally, even though a mechanic's lien has been properly and timely filed, a mechanic may lose it unless an action is

true or false

5. Generally, even though a mechanic's lien has been properly and timely filed, a mechanic may lose it unless an action is filed in court to foreclose it within 90 days of recordation. 6. If the mechanic loses a mechanic's lien because of tardy filing, no other effective remedy is available. 7. Unless the owner records a notice of nonresponsibility within 10 days of acquiring actual or constructive notice of work ordered by his tenants, the building may be liable for work not ordered. 8. When the court issues a judgment against a debtor, the judgment automatically becomes a lien on all nonexempt real estate owned in the county by the debtor

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Study Questions (True-False) 1. Prejudgment attachments are a popular method of securing an attachment on a debtor's property. 2. Only general contractors and subcontractors may obtain mechanic's...

QUESTION 1 Harmony, a 16 year old girl who just got her driver's license, was driving her car 95 miles per hour down a city street. The speed limit for the street was 45. Honey was riding in the car...

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Question 1 If a bank makes a loan based on its borrower's signature alone the loan is secured. True False Question 2 A creditor's security interest attaches to a debtor's property. True False...

Develop case brief for the following case including: 1. Facts of the case 2. Issues with categorical answer 3. Ruling of the Court 4. Decision of the Court 2020 NY Slip Op 31553(U) FIVE STAR ELECTRIC...

Unit1 1) The court's decision in Brown v. Board of Education had what effect on the decision made in Plessy v. Ferguson? a. It showed that precedent can be overruled and is not binding in every...

Give a case brief on the following case. Include the following: Facts of the case Judicial history of the case issue of the case (in question form) Rules of the case Analysis of the case...

Last Updated: July 18, 2016 American Mock Trial Association MIDLANDS RULES OF EVIDENCE Article I. Rule 101. Scope; Definitions (a) Scope. These rules apply to proceedings in the courts of the State...

For each lettered part, a through c, examine the two given sets of numbers. Without doing any calculations, decide which set has the larger standard deviation and explain why. Then check by finding...

Why do you think that thieves target heavy construction machinery?

2. The cross section of a farmland can be modelled by the equation y=1+0.45x0.025x, where x and y are the horizontal distance from the farmhouse and the height of the farmland above sea level...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...