EstatePass
Law & BusinessInsurance & Liensmedium12% of exam part

A claimant signs a conditional release for $18,000, but only $15,250 actually clears. What paid amount is supported?

Correct Answer

C) $15,250.

A conditional release is effective only to the extent payment is actually made, here $15,250.

Answer Options
A
$2,750.
B
$7,625.
C
$15,250.
D
$33,250.

Why This Is the Correct Answer

A conditional release is effective only to the extent payment is actually made, here $15,250.

Why the Other Options Are Wrong

Option A: $2,750.

$2,750. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option B: $7,625.

$7,625. is below the supported result for lien releases; it likely omits part of the approved scope, cap, credit, or holdback.

Option D: $33,250.

$33,250. is above the supported result for lien releases; it likely adds scope or money the rule does not allow.

Memory Technique

Matching Release contract math: approved scope is the ruler for lien releases.

Reference Hint

Study anchor (closed-book): memorize Lien releases from CSLB Conditional and Unconditional Waiver and Release Forms. / California Civil Code conditional waiver and release forms; know the rule or calculation trigger without relying on exam-room lookup.

Was this explanation helpful?

More Law & Business Questions

People Also Study

Related Study Resources

Practice More Contractor Exam Questions

Access all practice questions with progress tracking and adaptive difficulty to pass your contractor license exam.

Start Practicing

Disclaimer: EstatePass is an independent exam preparation platform and is not affiliated with, endorsed by, or connected to any state contractor licensing board, the Construction Industry Licensing Board (CILB), the Department of Business and Professional Regulation (DBPR), NASCLA, Pearson VUE, PSI, or any government agency. Exam requirements, fees, and regulations change frequently. Always verify current requirements with your state's licensing board before making decisions. Information shown was last verified on the dates indicated and may not reflect the most recent changes.