A homeowner hired a construction company to build a swimming pool. The homeowner failed to pay, and the construction company filed a lien. This encumbrance is called a:
Correct Answer
C) Mechanic's Lien
A mechanic's lien is filed by contractors or suppliers who have not been paid for work performed on the property.
Why This Is the Correct Answer
Why the Other Options Are Wrong
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Background Knowledge for Property Ownership Land Use Controls
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
An easement by necessity is created by court order when a property is landlocked and has no access to a public road. It arises from the necessity of accessing the property, not from long-term use.
An easement by prescription is acquired through continuous, open, notorious, hostile, and uninterrupted use of another's land for a statutory period. It is similar to adverse possession but grants use rights, not ownership.
Eminent domain is the government's constitutional right to take private property for public use, provided the owner receives just compensation. It is also known as condemnation.
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The highest form of property ownership in the United States is:
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