Jack has a construction company that specializes in home remodeling and renovation.He enters into a contract with Sandra to remodel her basement.Sandra agrees to pay in three installments,the third of which is due at the time of completion.Sandra makes the first two payments on schedule but refuses to make the final one even though the job has been completed.To preserve his rights,Jack files against the property.What type of filing has Jack most likely done?

Question

Quizplus · Accepted Answer

By filing against the property, Jack has most likely filed a mechanic's lien, which is a legal claim against the property that secures payment for work or materials provided during a construction project. This type of filing allows the contractor to force the sale of the property in order to collect payment for the work done. A mortgage, deed of trust, deficiency judgment, and foreclosure are all different types of legal actions related to property ownership and financing, but they are not directly related to a contractor's payment rights.

Jack Has a Construction Company That Specializes in Home Remodeling