Michigan Residential Builders License Practice Test

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Study for the Michigan Residential Builders License Test. Study with flashcards and multiple choice questions. Get ready for your exam!

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Within how many days must a "Claim of Lien" be filed after last furnishing labor or materials?

60 days
90 days
120 days
180 days

The correct answer is: 90 days

The correct timeframe for filing a "Claim of Lien" after the last furnishing of labor or materials is 90 days. This deadline is established by Michigan law to ensure that lien rights are preserved and the process is orderly. When contractors, subcontractors, or suppliers complete their work or deliver their materials, they must promptly file a lien if they are not compensated. The 90-day period allows them a reasonable amount of time to assess their situation and collect payment before taking formal action to secure their claim. Filing within this period is crucial because, after the 90-day mark, the right to claim a lien on the property may be forfeited, potentially leaving the party without a legal mechanism to recover owed funds. Understanding these timelines is essential for anyone involved in construction or contracting in Michigan, as it directly impacts their financial security and legal rights.