A subcontractor provided $25,000 in materials and labor but was paid only $18,000. Filing fees are $175 and attorney costs are $2,500. What is the maximum lien amount under Michigan law?
Correct Answer
D) $9,675
Michigan allows liens for the unpaid balance ($7,000) plus costs of filing ($175) and reasonable attorney fees ($2,500), totaling $9,675.
Why This Is the Correct Answer
Michigan allows liens for the unpaid balance ($7,000) plus costs of filing ($175) and reasonable attorney fees ($2,500), totaling $9,675.
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Under Michigan law, how many days after completion of work does a contractor have to file a construction lien?
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