Nonpayment Notices & Transfer Bonds
Description
Navigating the complexities of Florida’s lien laws has never been more crucial, especially with the 2023 updates coming into play. In our latest episode of The Lien Zone Podcast, we delve deep into the nuances of Private Project Notices of Nonpayment (713.23), emphasizing the importance of serving the Notice of Nonpayment to both the contractor and the surety. But that’s not all. We also shine a light on the pivotal changes around Lien Transfer Bonds (713.24). With a significant rise in the bond value calculations and new obligations for the clerk’s office, understanding these shifts is essential for anyone in the construction sector.
About Alex Barthet
Alexander Barthet is a board certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
United States
