A corporate owner may terminate the period of effectiveness of a notice of commencement by executing, swearing to, and recording a notice of termination.
A corporate owner may terminate the period of effectiveness of a notice of commencement by executing, swearing to, and recording a notice of termination.
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The Notice of Termination document provides notice to all interested parties that the Notice of Commencement is no longer effective. Additionally, a notice of termination contains an affirmation that all lienors have been paid in full.
713.23 or the date the notice of bond is served on the lienor. (f) The giving of a notice of commencement is effective upon the filing of the notice in the clerk's office. (g) The owner must sign the notice of commencement and no one else may be permitted to sign in his or her stead.
WARNING TO OWNER: YOUR FAILURE TO RECORD A NOTICE OF COMMENCEMENT MAY RESULT IN YOUR PAYING TWICE FOR IMPROVEMENTS TO YOUR PROPERTY. A NOTICE OF COMMENCEMENT MUST BE RECORDED AND POSTED ON THE JOB SITE BEFORE THE FIRST INSPECTION.
Notice of Commencement Requirements Legal description of the property and complete address; A description of what improvements will be made to the property; Owner's name and address. ... The contractor's information; The surety's information (including bond amount); The lender's information;