A Michigan contractor completes $85,000 worth of work on a residential project. The homeowner pays $60,000 but disputes the remaining $25,000. Under the Construction Lien Act, what is the maximum lien amount the contractor can file?
Correct Answer
B) $25,000
Under Michigan's Construction Lien Act 497, a contractor can only lien for the unpaid amount owed, which is $25,000 in this case.
Why This Is the Correct Answer
Under Michigan's Construction Lien Act 497, a contractor can only lien for the unpaid amount owed, which is $25,000 in this case.
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