Home owners bill of rights 5 of 5

4 Knowing the Law
A Change Orders

The Law requires all contractors to use change orders for any and all changes made to the original contract listing the original price first than the additions and a new total of the project. Than the client must sign it before the changes can begin. It’s the law.

B Mechanic’s Lien Rights

Receipt and waiver of mechanic’s lien rights; As full and final payment for all labor and material furnished to the following described real property:(legal description, street address or project name) and for value received hereby waives all rights acquired by the undersigned to file a mechanic’s lien against said property for labor and material furnished to said property.
C Exercise Lien Rights

If the client wants to exercise this lawful right, the client now becomes solely responsible for all payment due said party or parties. Builder is no longer responsible for any and all payments due said party or parties.
The client(s) have exercised their lawful right to withhold a portion of the payment due builder in order to directly pay the party and or parties which have previously sent written notice of lien rights to the client(s).

D Quit Claim Deed

In a quitclaim deed, the buyer acquires only the seller’s rights to a piece of property. The Seller bears the loss if someone has a claim against the property, or if the seller is mistaken in the amount of property he owned.

Leave a Reply

Your email address will not be published. Required fields are marked *