Chapter 6: Oregon lein law Flashcards
If a contractor contracts with a residential property owner for $1,500 and while working is asked to do additional work that increases the project amount to $2,500, within what time period must the contractor provide the owner with an Information Notice to Owner and written contract?
5 calendar days
What are 3 things that can happen if a general contractor does not provide the Information Notice to Owner About Construction Liens?
The CCB may suspend the original contractor’s license, fine the contractor, and the general contractor has lost lien rights.
For lien law purposes, the contractor contracting directly with the owner is called?
The original contractor
Recording of the lien at the county recorder’s office in the county where the project is located is also referred to as:
perfecting the lien
What types of projects can’t have a lien placed against them?
public works projects