In Montana, a mechanic's lien may be filed by which of the following parties?
Correct Answer
B) Contractors or suppliers who have not been paid for work or materials on real property
In Montana, a mechanic's lien (also called a construction lien) can be filed by contractors, subcontractors, laborers, or material suppliers who have not been paid for work or materials provided to improve real property. It does not apply to vehicle repairs, mortgage debts, or real estate commissions.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
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.
A freehold estate conveys ownership rights, while a leasehold estate grants the right to possess and use property for a specific period without ownership.
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