A contractor completes a $150,000 renovation project. The owner pays $120,000 but disputes the remaining $30,000. Under HRS 507, what preliminary notice requirement must the contractor have met to preserve lien rights?
Correct Answer
B) Notice must be given within 20 days of first providing labor or materials
HRS 507 requires contractors to provide preliminary notice within 20 days of first providing labor or materials to preserve their lien rights.
Why This Is the Correct Answer
HRS 507 requires contractors to provide preliminary notice within 20 days of first providing labor or materials to preserve their lien rights.
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A contractor performs $85,000 worth of work on a residential project in Honolulu. Under HRS 507, what is the maximum mechanics lien amount that can be filed if the contractor is not paid?