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Property OwnershipLiensEASY

A mechanic's lien is used to protect:

Correct Answer

B) Contractors, subcontractors, and suppliers who have not been paid for labor or materials provided to improve a property.

In Iowa, a mechanic's lien (also called a construction lien) protects contractors, subcontractors, laborers, and material suppliers who have provided work or materials to improve real property but have not been paid. It attaches to the property and gives these parties a legal claim against it. It does not apply to vehicle repairs, lender loans, or agent commissions.

Answer Options
A
Automobile repair shops seeking payment for vehicle repairs.
B
Contractors, subcontractors, and suppliers who have not been paid for labor or materials provided to improve a property.
C
Lenders who have financed the construction of a property.
D
Real estate agents who have not received their commission.

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Related Topics & Key Terms

Related Topics:

lien-priorityChapter-572constructionIowa-specific

Key Terms:

mechanic's lienunpaid contractors90 daysChapter 572Iowareal property improvementsrelation-back
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