Under NRS 108, which of the following parties has priority in a mechanic's lien situation on a residential property?
Correct Answer
A) All valid liens have equal priority
Under Nevada lien law (NRS 108), properly filed mechanic's liens generally have equal priority regardless of the order of filing or the type of claimant.
Why This Is the Correct Answer
Under Nevada lien law (NRS 108), properly filed mechanic's liens generally have equal priority regardless of the order of filing or the type of claimant.
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Previous Question
A subcontractor completes electrical work valued at $35,000 on March 15th. The general contractor fails to pay. Under NRS 108, by what date must the subcontractor file their mechanic's lien to preserve their rights?
Next Question
A subcontractor completed work worth $28,000 but was not paid. Under NRS 108, what is the deadline to file a mechanics' lien on a private project after completion of work?