Florida Construction Suppliers have the right to demand assurances from a buyer when reasonable concern arises about the buyer’s ability or intention to fulfill its obligations under the contract. Material suppliers can take steps to perfect their right to cure a tender.
Admitted in Florida, the District of Columbia, and Maryland
Florida Material Suppliers
In addition to having routine procedures for protecting their construction lien and bond rights, Florida material suppliers should maximize their rights provided by Florida’s commercial code. The Uniform Commercial Code (Sales) governs transactions in goods and addresses such things as warranty obligations, liability for goods damaged prior to a buyer’s acceptance, and contract provisions limiting a buyer’s remedies. Under the Code, suppliers have the right to demand assurances from a buyer when reasonable concern arises about the buyer’s ability or intention to fulfill its obligations under the contract. Additionally, the Code provides steps a material supplier can take to perfect its right to cure a tender when a buyer asserts the goods are nonconforming.
If you are a material supplier, choose a lawyer who will help you maximize the protections afforded by the commercial code, as well as your lien and bond rights. Call the Law Office of Robert S. Tanner today.