Types of Liens Quiz

Deadlines for filing mechanic's liens vary depending on whether owner files notice of ______: must be filed within 15 days after project completed

Deadlines for filing mechanic's liens vary depending on whether owner files notice of ______: can be filed only after work has stopped for 30 continuous days (whether project finished or not)

If owner files notice of completion or cessation, mechanic’s lien must be filed within 30 days (60 days for original ______)

If owner doesn’t file notice, mechanic’s lien must be filed within 90 days after work ______

Once filed, mechanic’s lien will expire if lienholder doesn’t start foreclosure proceedings within ______ days

Judgment lien: Involuntary, general lien that results from financial judgment against losing party in a ______ (the judgment debtor)

Judgment lien attaches to judgment debtor’s ______

If judgment is not paid, court may order debtor’s property sold to satisfy ______

Property tax liens are imposed by the government for ______ of property taxes

Special assessment liens are placed on properties to cover costs of specific ______ projects

Private restrictions limit how an owner may use his own property; also known as deed restrictions or restrictive ______.

If put into writing and recorded, private restrictions run with land, just like ______.

CC&Rs (covenants, conditions, and restrictions) are usually imposed by the developer of a residential ______.

CC&Rs restrict homeowner actions that will negatively affect property values. If one owner violates CC&Rs, other owners can seek enforcement through ______.

Covenant: Legally enforceable promise to do or not do something. This is a definition of a ______.