A corporate owner may terminate the period of effectiveness of a notice of commencement by executing, swearing to, and recording a notice of termination.
The Orange Florida Notice of Termination of Notice of Commencement Form is a legally required document for construction projects in Orange County, Florida. It plays a crucial role in notifying parties involved that the project has reached its completion or has been terminated. This specific form is primarily used when dealing with mechanic liens for construction projects involving corporations or limited liability companies (LCS). The purpose of the Notice of Termination of Notice of Commencement is to release the property from any potential liens that may arise from the construction work. Key elements to include in this form are: 1. Legal Identifications: The form begins with the official title "Notice of Termination of Notice of Commencement." It also requires the legal name of the corporation or LLC undertaking the project, along with their address. 2. Property Description: The form should include a detailed description or address of the property where the construction work occurred. 3. Notice of Commencement Details: It is essential to include the original Notice of Commencement details, such as the filing date and recording information. 4. Termination Information: Here, the form requires the termination date, which marks the completion or termination of the construction project. Additionally, it is necessary to mention whether the termination is due to completion, default, or any other specific reason. 5. Lien Releases: Any required lien releases should be mentioned in this section, indicating that all parties involved have been compensated or satisfied. 6. Signature and Notarization: The Notice of Termination should be signed by an authorized representative of the corporation or LLC. It must also be notarized to ensure legal validity. Different types of Notice of Termination of Notice of Commencement forms may vary based on the specific statutes and regulations applicable to different states or counties within Florida. However, the key purpose of the form remains the same: protecting property owners from mechanic liens by officially releasing the property from any potential claims resulting from the construction project. In conclusion, the Orange Florida Notice of Termination of Notice of Commencement Form is a crucial legal document used in construction projects involving corporations or LCS to release properties from potential mechanic liens. By following the specific guidelines and including all the required information, parties involved can ensure the legal completion or termination of a construction project while protecting their property rights.
