Oklahoma Notice by Owner of Cessation of Construction Work

State:
Multi-State
Control #:
US-01004BG
Format:
Word; 
Rich Text
Instant download

Description

Mechanic lien statutes of some jurisdictions provide that the owner may file a notice of completion if the project has been completed, or a notice of cessation if the project has been abandoned. These notices constitute evidence that the construction has or has not been completed. Failure of the owner to file the notices will usually increase the amount of time within which the lien claimant may file the lien claim.

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FAQ

Current through Laws 2023EX1, c. 52. Section 2A-506 - Statute of limitations (1) An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within four (4) years after the cause of action accrued.

One who sells the goodwill of a business may agree with the buyer to refrain from carrying on a similar business within a specified county and any county or counties contiguous thereto, or a specified city or town or any part thereof, so long as the buyer, or any person deriving title to the goodwill from him carries ...

15, § 219A. Noncompetition agreements: Unlawful Contracts ? Oklahoma. Prohibits noncompete contracts except those written to protect the sale of goodwill of a business, dissolution of a partnership or those that prohibit only the direct solicitation of established customers of the former employer.

A corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation, by reason of the ...

"Construction agreement" defined - Limitations on liability arising out of death or bodily injury void - Exceptions.

Oklahoma Code Comment 12 O.S. § 95 provides a limitation of five years on a contract in writing, and three years on an oral contract.

10 years after substantial completion.

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Oklahoma Notice by Owner of Cessation of Construction Work