Bảo hiểm & Quyền cầm giữCâu 1522 / 1605
The typical penal sum of a mechanics lien release bond required to clear a lien from title is:
a.100% of the lien amount
b.200% of the lien amount
c.125% (1.25 times) of the lien amount
d.50% of the lien amount
Giải thích
Civil Code §8424 sets the lien release bond at 125% of the lien amount. Recording the bond shifts the claimant's remedy from the real property to the bond, allowing the owner to clear title while the dispute continues.
Trích dẫn luật: Civ. Code §8424Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Willfully failing to secure required workers' compensation insurance in California is:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)