In Idaho, a mechanic's lien may be filed by which of the following parties?
Correct Answer
B) Contractors, subcontractors, or suppliers who provided unpaid labor or materials for property improvements
In Idaho, a mechanic's lien (also called a materialman's lien) is a legal claim against real property filed by contractors, subcontractors, laborers, or material suppliers who performed work or provided materials for improvements to the property and have not been paid. Idaho Code Title 45 governs mechanic's liens and requires claimants to file within 90 days of completing work.
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Related Topics & Key Terms
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Related Concepts
In a cooperative (co-op), the building is owned by a corporation, and residents purchase shares of stock in the corporation that entitle them to a proprietary lease on a specific unit. Residents are shareholders, not property owners.
Fee simple absolute is the highest and most complete form of property ownership, giving the owner unrestricted rights to use, possess, enjoy, and dispose of the property. It is of unlimited duration and fully inheritable.
Community property is a system where property acquired during a marriage is owned equally by both spouses.
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