Property Ownership
Under Kentucky law, a mechanic's lien for unpaid construction work must be filed within how many days of the last day of work?
A30 days
B60 days
C90 days
D120 days✓ Correct
Explanation
Under Kentucky's mechanic's lien law (KRS Chapter 376), a contractor or materialman must file their lien within 120 days of the last day they performed work or furnished materials. Failure to file within this period extinguishes the lien rights.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
State-Specific Concepts
Mechanic's Lien
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