Which of the following entities can be considered a "lienor"?

A lienor is an entity that holds a lien, which is a legal right or interest that a lender has in the borrower's property, granted until the debt obligation is satisfied. In this context, a material man refers to a supplier or contractor who provides goods or services related to a construction project. When a material man contracts with a subcontractor to supply materials for a project, they can place a lien on the property if they are not paid for the materials they provided. This ability to secure a debt with a lien precisely fits the definition of a lienor, as it establishes their right to claim the property as collateral until the owed amount is settled.

Other options are limited in their applicability to the definition of a lienor. For example, banks and financial institutions typically act as lenders but are not the only entities that can be lienors. Upper management in a company does not hold liens unless they have a direct financial interest in property or secured debts. Similarly, an owner of real estate would typically be referred to as a lienee, as they would be the party against whom the lien is placed rather than the one who holds a lien. Thus, the role of a material man contracting with a subcontractor aligns with the characteristics of a lienor