Still relating back to the scenario listed in Question #79 above, what is Chi Bank, Inc.’s creditor status?

________________________________ water is defined as water that could be used for navigation regardless of whether it is used for navigation.

Ordinances consists of rules and regulations created by landowners. A common example of an ordinance would be a landowner creating and posting regulations about the use of common facilities by tenants.

Only (a) persons supplying labor and (b) persons supplying materials can obtain a materialman’s lien on a piece of property. Contractors and subcontractors are not allowed to obtain this particular type of lien.

Relating back to Question #62 above, as of January, 2015, is the $5,000.00 community property?

David owns a home located at 123 Mulberry Lane. He decides he wants to redo the basement and make it into a man cave. In March, 2015, he enters into a contract with Albert to remove several inner basement walls to make an open layout man cave. The contract between David and Albert states that David will pay Albert $10,000.00 for his labor and materials.   In April, 2015, David then enters into a contract with Brian to build custom built wooden bookcases that would hold a large home movie theater system. The contract between David and Brian states that David will pay Brian $20,000.00 for his labor and materials.   In May, 2015, David has a birthday. As a birthday present, Calvin tells David he will paint the walls of David’s basement-turned-man cave. David picks out a blue color, and Calvin paints the walls as a gift to David.   In June, 2015, David enters into a contract with Ferguson to install a home movie theater system inside the basement. The contract between David and Ferguson states that David will pay Ferguson $30,000.00 for his labor and materials.   In July, 2015, David has not paid anyone any money towards their fees for their work and/or furnished materials for his basement (thus, full balances are due and owing at this time). David decides to leave town and wants to sell his home. It’s valued at $30,000.00. Several of the above mentioned people decide to place liens on David’s home to make sure they get paid. By what method will priority be determined? (i.e., who will get paid first)?

This particular case examined co-ownership of property between unmarried persons who were living together. Specifically, this case held that unmarried couples do not have the same benefit of survivorship and joint property rights as married couples do.

Relating back to Question #84 above, what is the actual order of priority? (i.e., who will get paid first)?

_________________________________ are the major east-west guidelines used in the Government Survey land description method.

What is the most common reason as to why land will become partitioned?