Bảo hiểm & Quyền cầm giữCâu 1529 / 1605
A contractor who records a mechanics lien for an amount it knows is willfully overstated risks:
a.A larger recovery
b.Nothing, because liens are always valid as recorded
c.Losing the entire lien (the lien may be void) and possible liability for damages
d.An automatic 90-day extension
Giải thích
Civil Code §8422 provides that a willfully overstated lien claim is void to the extent of the overstatement, and can result in the claimant losing lien rights and being liable for damages. Contractors should claim only amounts actually due.
Trích dẫn luật: Civ. Code §8422Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- On a private project financed by a construction lender, a subcontractor who fails to serve the preliminary notice on the LENDER primarily loses the ability to:
- 'Subrogation' in insurance refers to:
- A 'waiver of subrogation' clause between an owner and contractor generally means:
- Separate from project insurance, the CSLB requires every active licensed contractor to maintain a 'contractor's bond' (contractor license bond). Its main purpose is to:
- Which of the following is TRUE about the difference between the CSLB contractor's license bond and a project performance bond?
- A preliminary notice in California must be served by which method to be effective?
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Sen Lin, Người sáng lập PrepPass · Đối chiếu với California CSLB Contractor License Law & Business Exam · Quy trình kiểm tra
Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)