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NOTICE OF COMMENCEMENT (Residential Property) State of Michigan SS County of, being duly sworn, deposes and says: To lien claimants and subsequent purchasers: Take notice that work is about to commence
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How to fill out notice of commencement
How to fill out notice of commencement:
01
Begin by obtaining the necessary form: The notice of commencement is typically provided by the project owner or general contractor. If you are a subcontractor or supplier, you may need to request the form from the appropriate party.
02
Fill in the project details: Provide accurate information about the construction project for which the notice of commencement is being filed. This includes the project name, address, and description.
03
Indicate the parties involved: Identify the owner of the property, the general contractor, and any other relevant parties. Include their names, addresses, and contact information.
04
Specify the start and end dates: Include the anticipated start and completion dates of the project. This helps establish the timeline for potential lien claims.
05
Provide a legal description of the property: A legal description provides specific details about the location and boundaries of the property. This can typically be found on the property's deed or in public records.
06
Sign and notarize the notice: Once you have filled out the notice of commencement, sign it in the presence of a notary public. Notarization verifies the authenticity of the document.
07
Submit the notice to the appropriate parties: The notice of commencement is usually required to be filed with various entities, such as the local county clerk's office, the construction lender, and potentially the subcontractors or suppliers involved in the project.
Who needs notice of commencement?
01
Property Owners: Notice of commencement is typically required by property owners to protect themselves from potential lien claims. It helps them establish the timeline of the project.
02
General Contractors: General contractors are responsible for initiating the notice of commencement process. They usually file this document to provide notice to subcontractors, suppliers, and other parties about the project and to establish certain rights and obligations.
03
Subcontractors and Suppliers: Subcontractors and suppliers may also need the notice of commencement to understand the project details and timeline. This document helps them ensure that their lien rights are protected, particularly in cases of nonpayment.
04
Construction Lenders: Construction lenders may require the notice of commencement to monitor the progress of the project, assess the potential risks, and ensure that their loan is secured.
Note: It is important to consult relevant construction laws and regulations specific to your jurisdiction as the requirements for filing notice of commencement may vary.
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What is notice of commencement?
Notice of commencement is a legal document filed in the public records when beginning a construction project. It provides important information about the project to all interested parties.
Who is required to file notice of commencement?
The property owner or the contractor is required to file the notice of commencement before starting any construction project.
How to fill out notice of commencement?
To fill out a notice of commencement, you need to provide information such as project description, location, parties involved, and estimated project cost.
What is the purpose of notice of commencement?
The purpose of notice of commencement is to notify subcontractors, suppliers, and laborers of their potential lien rights on the property.
What information must be reported on notice of commencement?
The notice of commencement must include details about the property owner, contractor, project description, location, and estimated project cost.
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