CSLB Ch.3 exam 2024 with 100% correct answers
John needs to submit a mechanics lien on the property and then contact a lawyer. correct answersJohn is completing a home remodel worth over $100,000. The client has paid john $80,000 but is refusing to pay John the rest of the contract value. John has finished the work in full, what is John's best course of action? Using the mechanics lien and the Stop Notice. correct answersWhen used together what is the best way to recover your money if you are not paid in full? Guarantees payment for labor and materials correct answersA payment bond is used to guarantees: 20 days of submitting lawsuit correct answersThe LIS PENDENS must be submitted within: 15 Days correct answersA Notice of Completion must be submitted within: County Recorders Office correct answersA subcontractor for a home improvement project decides to file a mechanics lien after failing to receive payment for work performed. The lien should be filed with: 30 Days correct answersWhen a notice of completion is filed with the county recorder, how many days does the subcontractor have to submit the lien? The contractor should provide the client with a Stop Work Order correct answersA client is over 35 days late on a progress payment, what is the best course of action for a direct contractor? Austin needs to provide a stop notice directly to the client. correct answersAustin is a subcontractor working with LA Construction Co. The prime contractor is refusing payment until the work is completed in full, however they just initiated the contract. What is the best course of action for Austin? This is to avoid liens from prime, subs, and suppliers. correct answersA client can ask their contractors for a lien releases. This is to ensure:
Información del documento
- Subido en
- 17 de mayo de 2024
- Número de páginas
- 2
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas