Home Savings & Loan Ass'n v. McCuin

WARD, Judge.

On November 17, 1982, Shamrock Construction Company, Inc. entered into a building contract with GWO-I (GWO) to perform work on property owned by GWO known as the Dauphine House Condominiums. On July 18, 1984 GWO accepted the work performed by Shamrock under the contract. GWO, however, failed to pay *291Shamrock $72,838.14 due under the contract, and on August 23, 1984, Shamrock filed a lien for the amount owed pursuant to Louisiana’s Private Works Act, La.R.S. 9:4801 et seq.

In September 1984 GWO sold the condominiums to Dr. Jerome McCuin. To finance the purchase, McCuin executed a…