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Construction Lien Laws: What You Need to Know

pockets-empty-300x201Florida construction lien laws put a homeowner at great risk if they don’t choose the right contractor. There are a lot of choices when it comes to Roofing Contractors in Sarasota, FL. All parties involved in the construction process such as owners, design professionals, lenders, general contractors, subcontractors, and suppliers have their own rights and responsibilities under the Construction Lien Law and homeowners need to know some of the risks.

Homeowners are responsible for payments to material suppliers, sub-contractors, and employees if the contractor fails to pay them, even if the homeowner has all ready paid the contractor in full.

A home can be auctioned off to pay the debt if the homeowner cannot pay. It’s important to always require a release of lien from anyone who does work on your home. A Release of Lien can work to protect a property owner from having a lien filed against the property. Request from the contractor a list of all subcontractors and suppliers who have an agreement with the contractor to provide services or materials for your property.

Homeowners should ask for proof of payment to suppliers prior to paying the contractor. Make sure that your contractor provides you with final Waiver of Lien Release from these parties before you make the final payment.

These laws were created to protect workers and suppliers due to the high rate of contractor failure in the state of FL. Choosing the right Sarasota, FL Roofing Contractor plays an enormous role in minimizing your risk.

Homeowners need to evaluate the estimates they receive from contractors carefully. If a price seems low it’s better to get more information regarding it. Desperate contractors will sometimes bid a job for a little bit more than their cost;  this is risky and greatly increases the chance that they will default on payment by not planning for indirect expenses.   Proper care should be taken to check references, qualifications and insurance when it comes to checking and evaluating Sarasota Roofing Contractors.

Only dealing with professional contractors which are thoroughly screened will protect you, your home, and your finances.

For more information and easy steps to do your own background check on a contractor, go to http://www.kirkeyroofing.com/4-easy-steps-to-do-your-own-background-check.

For more information about this article or answers to other roofing questions:

Email info@KirkeyRoofing.com or call (941) 474-2113