(770 ILCS 70/7) (from Ch. 82, par. 507)
Sec. 7.
Date lien arises-preference over other encumbrances.
The
lien provided for in this chapter arises on the date of the furnishing of
the first item of material or services or the date of performance of the
first labor. Upon compliance with the provisions of Section 10, such lien
shall be preferred to all other titles, charges, liens, or encumbrances
which may attach to or upon any of the property upon which a lien is given
by this Act subsequent to the date the lien herein provided for arises. As to
the priority between prior encumbrances and liens filed hereunder, the lien
claimant shall be preferred to the extent of the reasonable value of the
claimant's labor, material and services if the leasehold or material has
been enhanced thereby.
(Source: P.A. 86-377.)
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