Tampa Construction Liens Attorney
The construction lien law in Florida provides a way for contractors and subcontractors to force the owner of a property to pay for materials and services rendered when they have not already been paid in full. When a contractor is not paid, they can take action against the property, enabling it to be sold against the will of the owner. If the property is sold, the contractor then receives the amount owed to them through the proceeds of the sale. If you are a contractor or subcontractor involved in a payment dispute with a property owner, our Tampa construction liens attorney can help you obtain the full amount you deserve.
Payment Bonds
When a contract involves a government entity or a private project, a construction payment bond takes the place of the lien right. This is a legal concept known as the Little Miller Act, or more simply, the Miller Act. When filing a claim against real property in Tampa as a way to collect payment that is owed for materials and services, contractors must file a claim against a payment bond. As with claims involving liens, contractors, subcontractors, and suppliers must prove that they are owed payment for their services performed according to the contract.
It is important to file a Notice of Nonpayment within 90 days and you must file the lawsuit within one year after the labor on the project in question has been completed. The parties who can bring an action include contractors, subcontractors, and suppliers. These parties must provide the prime contractor and surety with notice before they file their lawsuit. The notice must include the names of the parties seeking payment, along with the materials used or services rendered that have not yet been paid in full.
Surety Bonds
Some projects require a surety bond. Surety bonds are contracts that involve a principal, or the contractor, an obligee, or the owner, and a surety. A surety bond guarantees the bond by supplying a line of credit that becomes available if the principal fails to perform their job as the construction contract stipulates. Surety companies are often part of big insurance companies, but insurance policies and surety bonds are different from each other. Surety bonds guarantee the contractual obligations and payment of the principal. Bid bonds, performance bonds, and payment bonds are the three different types of surety bonds available.
Our Construction Liens Attorney in Tampa Can Help with Your Case
Contractual issues between property owners and contractors in Florida are stressful and time-consuming. Our Tampa construction liens attorney at BBDG Law can help you resolve the complicated issues that involve contracts, claims, and other disputes. We have an in-depth knowledge of federal and state construction laws and we will use them while also working diligently to recover your payment or resolve the dispute. Contact us today by calling (813) 221-3759 or fill out our online form to schedule a consultation with our experienced attorney and to learn more about how we can help with your case.