A contractor fails to file a mechanics lien within the required timeframe in Virginia. The project was completed on March 15th. What was the filing deadline?
Correct Answer
D) June 13th (90 days)
Virginia mechanics lien law requires liens to be filed within 90 days of project completion or last work performed. From March 15th, this would be June 13th.
Why This Is the Correct Answer
Virginia mechanics lien law requires liens to be filed within 90 days of project completion or last work performed. From March 15th, this would be June 13th.
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A Virginia contractor employs 8 workers and has annual payroll of $420,000. Calculate the workers compensation premium at a rate of $12.50 per $100 of payroll:
