Notice of the Lien Must Be Given to the Owner

question 77

True/False

Notice of the lien must be given to the owner of the real property for it to be valid.

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Definitions:

Management By Objectives (MBO)

A management strategy focusing on aligning the goals of employees with the objectives of the organization through participative goal setting and performance assessment.

Budget Adjustments

Modifications made to a budget to reflect changes in the availability of funds or expenditures.

PERT Times

An abbreviation for Program Evaluation and Review Technique, specifically referring to the estimated durations for tasks involved in project planning.

Optimistic

Having a positive or hopeful outlook on situations, believing that the most favorable outcomes are likely to occur.