保险与留置权第 1522 / 1605 题
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
解析
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.
法律依据: Civ. Code §8424免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- Willfully failing to secure required workers' compensation insurance in California is:
- A subcontractor serves a stop payment notice on the private owner (not bonded). The owner is then obligated to:
- Which is the BEST description of the relationship between a payment bond and subcontractors' lien rights on a private project?
- Under the mechanics lien law, a 'direct contractor' is best defined as a contractor who:
- A general liability policy written on a 'claims-made' basis (as opposed to 'occurrence') generally covers a claim only if:
- An 'occurrence-based' CGL policy responds to a claim based on: