To prevent a mechanic's lien for materials supplied from lapsing, a supplier must file a notice of the lien within:

Prepare for the South Dakota Real Estate Test. Ace your exam with flashcards and multiple choice questions. Each question is supported with hints and explanations to help you succeed!

To prevent a mechanic's lien for materials supplied from lapsing, it is necessary for the supplier to take specific actions within a designated timeframe. In South Dakota, a supplier is required to file a notice of the lien within 120 days after the materials or services are supplied. This timeframe is crucial as it protects the supplier's right to enforce the lien, ensuring they can claim payment for the materials provided.

Filing within this period allows the supplier to secure their interest in the property and provides legal backing to pursue payment. If the notice is not filed within the specified 120 days, the supplier risks losing their ability to enforce the lien, which can jeopardize their financial recovery.

Understanding this timeframe is essential for anyone involved in real estate or construction, as it impacts the rights of suppliers and the complexities surrounding lien enforcement.

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