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This legal document serves as a request for final payment from the property owner, ensuring compliance with Florida Construction Lien Law and protecting against duplicate payments.
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What is contractors final payment affidavit?
A contractor's final payment affidavit is a legal document that certifies that all payments for labor and materials have been made by the contractor, ensuring that all parties involved in the project have been compensated.
Who is required to file contractors final payment affidavit?
Typically, it is the contractor who is required to file the final payment affidavit upon completion of the project, along with any subcontractors involved.
How to fill out contractors final payment affidavit?
To fill out the affidavit, the contractor must complete the form by providing details such as the project name, address, payment information, and a statement certifying that all debts related to the project have been paid.
What is the purpose of contractors final payment affidavit?
The purpose of the affidavit is to protect the property owner and ensure that the contractor has paid all subcontractors and suppliers, thereby avoiding future liens against the property.
What information must be reported on contractors final payment affidavit?
The affidavit must report the contractor's name, project details, amount of payment, a list of subcontractors, and a statement confirming that all payments have been made.
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