Construction on a building began on January 2, 2020. As between a construction mortgage recorded on January 11, 2020, and a plumber who records a lien on March 15, 2020:
A) The plumber will have priority in a dates back state.
B) The construction mortgage always has priority.
C) The plumber will have priority if it did its work prior to January 11.
D) The plumber and construction mortgage are on equal footing.
Correct Answer:
Verified
Q57: If (in an equal footing state), there
Q58: Ace Framers, Inc., has completed the framing
Q59: Janice Freeman has been constructing a home
Q60: Which of the following is critical for
Q61: What is the purpose of a preliminary
Q63: Harbor Builders began construction on three homes
Q64: In an equal footing state, property owner
Q65: Homeowner A closed on his property (a
Q66: The City of Petaluma owns the Redwood
Q67: In October 1981, Robert E. Hinkle leased
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents