A mechanic's lien is filed by which of the following parties?
Correct Answer
B) Unpaid contractors or suppliers who provided labor or materials
A mechanic's lien is a legal claim against a property filed by contractors, subcontractors, or material suppliers who have not been paid for labor or materials provided to improve the property. In Delaware, mechanic's liens are governed by Title 25 of the Delaware Code and must be filed within 180 days of the last work performed or materials furnished.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.
Tenancy by the entirety is a form of co-ownership available only to married couples that includes the right of survivorship and protection from individual creditors. Neither spouse can unilaterally sell or encumber the property.
Tenancy in common is a form of co-ownership in which two or more persons hold separate, undivided interests in property without the right of survivorship. Each owner can hold unequal shares and can independently transfer their interest.
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