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Section 405 - Preconstruction liens on equal footing.

UT Code § 38-1a-405 (2019) (N/A)
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(1) Each preconstruction lien on a project property is on equal footing with every other preconstruction lien on the project property, regardless of: (a) when the claimant submitted the claimant's notice of preconstruction service for recording; (b) when the claimant submitted the claimant's notice of preconstruction lien for recording; or (c) when the preconstruction service related to the lien occurs.

(a) when the claimant submitted the claimant's notice of preconstruction service for recording;

(b) when the claimant submitted the claimant's notice of preconstruction lien for recording; or

(c) when the preconstruction service related to the lien occurs.

(2) Subsection (1) does not affect the priority of a construction lender's mortgage or trust deed, as established under this chapter.

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