A Georgia contractor fails to pay a subcontractor $15,000 for completed work. The subcontractor files a lien on March 15th. Under Georgia lien law, by what date must the subcontractor file suit to enforce the lien?
Correct Answer
D) March 15th of the following year
Under Georgia lien law, a lienor must file suit to enforce a lien within 365 days (one year) from the date of filing the lien.
Why This Is the Correct Answer
Under Georgia lien law, a lienor must file suit to enforce a lien within 365 days (one year) from the date of filing the lien.
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Under Georgia law, what is the maximum time period a contractor has to file a lien claim after the last work performed?
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A contractor's workers compensation policy has a $500 deductible per claim. Three claims occur in one year: $3,200, $1,800, and $8,500. What is the total amount the contractor pays in deductibles?
