Escrow & Title
A mechanic's lien in New Mexico is filed by:
AThe county assessor
BA contractor or supplier who provided labor or materials for property improvements and was not paid✓ Correct
CThe mortgage lender
DThe homeowners association
Explanation
A mechanic's lien (or materialman's lien) is a statutory lien filed by unpaid contractors, subcontractors, or material suppliers who provided labor or materials to improve real property.
Related New Mexico Escrow & Title Questions
- When a New Mexico deed is recorded with the county clerk, what protection does this provide?
- A 'deed in lieu of foreclosure' in New Mexico occurs when:
- At what rate is the New Mexico Real Estate Transfer Tax assessed?
- In New Mexico, the priority of liens is generally determined by:
- In New Mexico, which document conveys legal title to real property from seller to buyer?
- In a New Mexico transaction, escrow is described as:
- Adverse possession in New Mexico allows a person to acquire title to land by:
- A 'cloud on title' in New Mexico refers to:
Practice More New Mexico Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Mexico Quiz →