For the unpaid contractor, subcontractor, or material supplier, Floridaâ€™s Construction Lien Law is a powerful tool. A construction lien or a payment bond provides security to ensure payment for the labor, materials, and services used to improve real property. For the owner, the lien law provides an important means of limiting project costs. An owner should also consider requiring performance and payment bonds to protect against contractor default.
To obtain the protections afforded under the lien law or a bond, strict adherence to statutory or bond requirements is generally required. Avoid the pitfalls and make the most of your rights and protections by having an experienced construction lawyer on your side to prosecute or defend your lien or bond claim.