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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Under Florida law, there is no specific requirement that a Notice of Commencement (NOC) be terminated or released. In fact, there is no statutory process in the state of Florida for the filing of a Notice of Completion.
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.
To properly terminate a notice of commencement, the owner must swear to and include the following information in its recorded Notice of Termination: the same information as in the notice of commencement; the book and page reference numbers and date of the notice of commencement;
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.
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;