Torkko/Korman/Engineers v. Penland Ventures

OPINION

RABINOWITZ, Justice.

This appeal arises from a dispute over the validity of a mechanic’s lien filed by Tork-ko/Korman/Engineers (TKE) against an undeveloped parcel of land in Anchorage leased by Penland Ventures (Penland) from the State of Alaska. The superior court, ruling on the validity of the lien during foreclosure proceedings, held that TKE’s lien was untimely and therefore a nullity. Final judgment was entered in favor of Penland and this appeal followed. We affirm, but on an alternative ground.

I

In July 1971, Robert C. Penney executed on behalf of Penland, Inc. a lease with the…