South Carolina Contractors Notice of Project Commencement is a document that a contractor must submit to the South Carolina Department of Labor, Licensing and Regulation before beginning any construction work in the state. This document is intended to provide the state with accurate information regarding the contractor's project and to alert them of any potential safety risks associated with the project. The document must include information such as the name and address of the contractor, the name of the project, its location and estimated completion date, and the estimated cost of the project. There are two types of South Carolina Contractors Notice of Project Commencement: the Residential Notice of Project Commencement and the Commercial Notice of Project Commencement. The Residential Notice of Project Commencement is used for projects on single-family residences, and the Commercial Notice of Project Commencement is used for projects on multi-family residences, commercial buildings, or industrial facilities.
South Carolina Contractors Notice of Project Commencement
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How to fill out South Carolina Contractors Notice Of Project Commencement?
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FAQ
South Carolina Notices of Furnishing are specifically designed to protect those parties that are far down the payment chain. The simple act of sending this notice can help ensure you get paid what you've earned.
Under S.C. Code § 15-3-640, homeowners have a maximum of eight years in which to sue a builder based on improvements to real property, and only ten years to sue architects or engineers.
You'll need a general contractor license from the South Carolina Contractor's Licensing Board to work on most residential, commercial and industrial construction projects over $5,000, although there are a few exceptions.
If you fail to make a required payment on time, the lender must send you a "Notice of Right to Cure" the default. This Notice can only be sent once you are more than ten days late and it gives you 20 days to catch up your payments.
What is the Right to Cure Act? The Right to Cure Act is a product of the South Carolina Legislature, which decided that some construction lawsuits might be avoided if the homeowner was first required to give the contractor notice of the alleged defect and to give that contractor the right to fix, or ?cure? the problem.
Under The South Carolina Notice and Opportunity to Cure Construction Dwelling Defects Act, S.C. Code Ann. §40-59-810-860, homeowners have 90 days to notify the construction company in writing of any defects found on their property that appear to have originated during construction or work.
In South Carolina, the general rule is that you have 8 years from the last date on which work was performed on your home. After 8 years, the law (the ?statute of repose?) limits the claims an owner can bring.
In South Carolina, a claim of lien must be filed no later than 90 days after the last day on which the claimant furnished labor or materials to the project.