Florida Investment Blog
Liens are claims on real estate that are used to secure debt. Failure to pay that debt can result in the mechanics lien or foreclosing on the lien and taking your property.
Articles Posted in Construction Law
What is a Construction Loan?
A construction loan is a commercial loan to finance the improvements on real property. It has special guidelines to ensure that the project is completed and the repayment takes place thereafter.
What is a Notice of Commencement?
A notice of commencement signals the beginning of construction. It provides the necessary information to contractors in the event that they need to file certain notices with the property owner to protect their lien rights, under the Florida lien law.