Escrow & Title
In Maine, a mechanic's lien filed by a contractor who performed unpaid work on a property:
AHas no priority over a previously recorded first mortgage
BCan take priority over a mortgage depending on when work began✓ Correct
CIs only valid for 30 days after filing
DDoes not affect the ability to sell the property
Explanation
In Maine, mechanic's liens can relate back to when work first began on the project. If work started before a mortgage was recorded, the mechanic's lien may have priority over that mortgage.
Related Maine Escrow & Title Questions
- In Maine, the registry of deeds is located at the:
- A Maine deed that has been signed but not delivered to the grantee is:
- In Maine, 'actual notice' means:
- In Maine, 'title by estoppel' may arise when:
- Earnest money that is properly held in a broker's trust account must be:
- What is the purpose of a 'settlement statement' (Closing Disclosure) at a Maine real estate closing?
- At a Maine closing, the HUD-1 Settlement Statement (or Closing Disclosure) is provided to:
- In Maine, a 'discharge of attachment' must be recorded when a court-ordered attachment on property is resolved because:
Practice More Maine Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Maine Quiz →