Notice of Non Responsibility - Prepared and Posted by Construction Risk Management
MINIMIZING YOUR RISK
What is a Notice of Non Responsibility?
A legal document that when properly researched, prepared, filed, recorded and posted, can reduce the chance of your customer having to pay for the improvements to their property which were ordered by the tenant, never paid and is the subject of a Mechanics Lien.
Will the Tenant pay the Contractor for the Tenant improvements?
Should your tenant not pay the contractor who performed the work of improvement, Be prepared for all of the mechanics liens which are soon to follow
Can you protect the Owner from becoming a victim of a Mechanics Lien?
The short answer is YES. However, protection from a mechanics lien will be subject to any benefit the property owner may receive from the improvements already completed. Should any of these improvements benefit the owner as well as the tenant, The Notice of Non Responsibility will serve to defend the property from being subject to all or a portion of a Mechanics Lien.
Construction Risk Manangement offers a "Turnkey" solution
Everything that needs to be done will be handled by CRM, From the preparation of the Notice of Non Responsibility to the final posting on the Job site. It's fast, It's easy and it works