Bảo hiểm & Quyền cầm giữCâu 1504 / 1605
A claimant recorded a mechanics lien but took no further action for four months. What is the likely status of the lien?
a.It converts automatically into a stop payment notice
b.It has expired and is unenforceable because no foreclosure action was filed within 90 days (absent a recorded extension)
c.It becomes a judgment lien automatically
d.It is still fully enforceable for one year
Giải thích
Civil Code §8460 requires an action to enforce (foreclose) the lien within 90 days of recording. Four months (about 120 days) without filing suit, and without a recorded extension of credit, causes the lien to lapse and become unenforceable.
Trích dẫn luật: Civ. Code §8460Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)