What is the purpose of an Expiration date of a Mechanic's lien?
If we do not take action to foreclose at the end of the 90 day period after our Mechanic’s lien was filed…
a) does the lien remain on the property?
b) do we still have a right to our funds at the time the property is sold?
and IF so..
c) What is the purpose of the expiration date?
Thank you for your help.