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When making final payment on a construction contract how do you make sure the contractor doesn't file a lien afterword?
First make sure that you are 100% ready to settle with your contractor. Make sure he completed EVERYTHING that was supposed to be done. Go through your contract line by line before settling with the contractor. Once you make your final payment you have next to no recourse in some states. Now once you have decided that you are happy with the contractors work and have any corrections that they are going to do down in writing and signed by you and the contractor set up your meeting to pay your debt. The contractor should have a release of lien form. When he signs this if is stating that he has been paid in full and holds no interest in your home.
What is advance payment in construction?
Many times a contractor will ask for an advance payment in construction before work can begin to make sure they will get paid. Advance payment might also be asked of the customer so that materials can be purchased.
What do Contractor Accountants do?
A typical contractor accountants job is to do taxes for people and make sure that they are correctly done to the standards of the government. This tends to be cheaper then have a tax company do them.
How can they put a lien on your home if you paid the contractor?
The problem is the Contractor hasn't paid someone, such as if it were a roofer and he owes his supplier money for materials he purchased for the work done on your home. I've dealt with a similar situation, to where my business supplied labor to a janitorial company that provided service at a university. We were forced to file liens against the university in order to receive payment. Make sure that your contractor is in good standing with his suppliers. It's not offensive to a responsible contractor to ask questions as "Who is your supplier?".
If you make partial payments can you still be foreclosed?
Typically yes, failure to make the payment required as specified in the mortgage note is usually written in as a default.
How do you make a contract?
hire a contractor hire a contractor
How do you convince the customer to make a payment to the company?
ask customer to make a payment that they afford to reduce the total amount within the given time rather than they never done any.
How do you spell non payment?
The correct spelling is "nonpayment," which is written as a single word without a hyphen. It refers to the failure to make a payment that is due. In some contexts, you might also see it spelled as "non-payment," but "nonpayment" is the more commonly accepted form.
How can I get my stimulus payment?
To receive your stimulus payment, make sure you have filed your taxes and provided your direct deposit information to the IRS. If you haven't done so, you can check the IRS website for updates on when and how you will receive your payment.
How do you help a friend when he is about to get held back?
He needs to buckle down and get his work done. Have him do whatever he needs to do to pad the failure to make sure that summer school will save him from failure.
What should a contractor discuss with a customer about a kitchen remodeling project?
The first thing a contractor should discuss with a customer about a kitchen remodeling project would be what specifically the customer wants done. The contractor must know what the customer wants done in order to be able to price out materials and give the customer a rough estimate of how much it will cost to do the project. The contractor should also discuss with the customer who will be doing the work for him and how often he will be checking in with the workers to make sure the work is being done to the customer's satisfaction. The contractor should also discuss whether or not the kitchen will be functional during the project and how much dust the project will create.
What should I know about my siding contractor before I hire them?
First, you need to make sure that the contractor is licensed in the area where you are going to hire them and also that they have insurance. Second, I would do some research on the company and see how other people feel about the work they have done for them.
