Insurance & LiensQuestion 1569 of 1605
Which of the following is generally the LAST resort remedy because it requires foreclosing on real property?
a.Certificate of insurance
b.Mechanics lien
c.Stop payment notice
d.Payment bond claim
Explanation
A mechanics lien ultimately requires a foreclosure action against the owner's real property to collect, making it more cumbersome than a stop payment notice (reaching funds) or a payment bond claim (reaching a surety). Claimants often pursue funds or bonds first.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)