Fort Lauderdale Florida Request for Sworn Statement of Account by Contractor - Corporation or LLC

• Category: Florida Liens - Construction - Mechanics
• State: Florida
• City: Fort Lauderdale
• Control #: FL-03238A
• Format: Word; Rich Text

Description

This Request for Sworn Statement of Account by Contractor form is for use by a corporate or LLC contractor to demand from a lienor a written statement under oath of its account showing the nature of the labor or services performed and to be performed, if any, the materials furnished, the materials to be furnished, if known, the amount paid on account to date, the amount due, and the amount to become due, if known, as of the date of the statement by the lienor, for the improvement of real property. Title: Understanding Fort Lauderdale Florida's Request for Sworn Statement of Account by Contractor — Corporation or LLC Introduction: In Fort Lauderdale, Florida, contractors operating as corporations or limited liability companies (LLC) are required to submit a sworn statement of account. This document plays a crucial role in ensuring transparency and accountability within construction projects. This article aims to provide a detailed description of Fort Lauderdale's Request for Sworn Statement of Account by Contractor for corporations and LCS, outlining its purpose, requirements, and additional types that may exist. Key Terms/Keywords: Fort Lauderdale Florida, Request for Sworn Statement of Account, Contractor, Corporation, LLC 1. Purpose of Fort Lauderdale's Request for Sworn Statement of Account: The Request for Sworn Statement of Account is a legally mandated document in Fort Lauderdale, Florida. It serves as a tool for financial tracking and protection for all parties involved in construction projects. This requirement helps guarantee that contractors (including corporations and LCS) provide a transparent account of their financial transactions during the construction process. 2. General Requirements for the Request for Sworn Statement of Account: Fort Lauderdale's Request for Sworn Statement of Account by Contractor — Corporation or LLC typically involves the following key requirements: a. Identification Information: Contractor's full legal name, address, contact details, and contractor's license information. b. Project Details: Detailed information about the construction project, including the name, address, owner, and project description. c. Account Statement: Itemized statement explicitly listing the materials, labor, equipment, and services provided by the contractor during the construction process. It should indicate the corresponding costs and associated payment history. d. Affidavit: The contractor must sign an affidavit affirming the accuracy of the information provided and confirming their compliance with all applicable laws. 3. Different Types of Fort Lauderdale Florida Request for Sworn Statement of Account by Contractor — Corporation or LLC: Although the basic requirements remain the same, different types of Request for Sworn Statement of Account may exist to cater to specific construction scenarios or contractual arrangements. Some possible variations include: a. Progress Payments Statement: This type of sworn statement of account is used when contractors request progress payments throughout the construction process. It allows for proper tracking of the funds disbursed against completed work stages. b. Final Payment Statement: Once the construction project is completed, contractors may be required to submit a final payment statement. This document accounts for all outstanding costs, final payments, and potential liens, ensuring the project's closure. c. Retain age Statement: In certain cases, Fort Lauderdale might request a specific statement regarding retain age (a percentage withheld from each payment as a form of protection). It outlines to retain age amount, detailing how it is being handled and when it is slated for release. Conclusion: Fort Lauderdale's Request for Sworn Statement of Account by Contractor — Corporation or LLC aims to maintain transparency, minimize financial disputes, and protect the interests of all parties involved in construction projects. Contractors are obligated to provide accurate information regarding their financial transactions for the completion of successful projects. By adhering to the requirements and recognizing the different types of sworn statements that may exist, contractors operating as corporations or LCS can ensure compliance and a smoother construction process.

Title: Understanding Fort Lauderdale Florida's Request for Sworn Statement of Account by Contractor — Corporation or LLC Introduction: In Fort Lauderdale, Florida, contractors operating as corporations or limited liability companies (LLC) are required to submit a sworn statement of account. This document plays a crucial role in ensuring transparency and accountability within construction projects. This article aims to provide a detailed description of Fort Lauderdale's Request for Sworn Statement of Account by Contractor for corporations and LCS, outlining its purpose, requirements, and additional types that may exist. Key Terms/Keywords: Fort Lauderdale Florida, Request for Sworn Statement of Account, Contractor, Corporation, LLC 1. Purpose of Fort Lauderdale's Request for Sworn Statement of Account: The Request for Sworn Statement of Account is a legally mandated document in Fort Lauderdale, Florida. It serves as a tool for financial tracking and protection for all parties involved in construction projects. This requirement helps guarantee that contractors (including corporations and LCS) provide a transparent account of their financial transactions during the construction process. 2. General Requirements for the Request for Sworn Statement of Account: Fort Lauderdale's Request for Sworn Statement of Account by Contractor — Corporation or LLC typically involves the following key requirements: a. Identification Information: Contractor's full legal name, address, contact details, and contractor's license information. b. Project Details: Detailed information about the construction project, including the name, address, owner, and project description. c. Account Statement: Itemized statement explicitly listing the materials, labor, equipment, and services provided by the contractor during the construction process. It should indicate the corresponding costs and associated payment history. d. Affidavit: The contractor must sign an affidavit affirming the accuracy of the information provided and confirming their compliance with all applicable laws. 3. Different Types of Fort Lauderdale Florida Request for Sworn Statement of Account by Contractor — Corporation or LLC: Although the basic requirements remain the same, different types of Request for Sworn Statement of Account may exist to cater to specific construction scenarios or contractual arrangements. Some possible variations include: a. Progress Payments Statement: This type of sworn statement of account is used when contractors request progress payments throughout the construction process. It allows for proper tracking of the funds disbursed against completed work stages. b. Final Payment Statement: Once the construction project is completed, contractors may be required to submit a final payment statement. This document accounts for all outstanding costs, final payments, and potential liens, ensuring the project's closure. c. Retain age Statement: In certain cases, Fort Lauderdale might request a specific statement regarding retain age (a percentage withheld from each payment as a form of protection). It outlines to retain age amount, detailing how it is being handled and when it is slated for release. Conclusion: Fort Lauderdale's Request for Sworn Statement of Account by Contractor — Corporation or LLC aims to maintain transparency, minimize financial disputes, and protect the interests of all parties involved in construction projects. Contractors are obligated to provide accurate information regarding their financial transactions for the completion of successful projects. By adhering to the requirements and recognizing the different types of sworn statements that may exist, contractors operating as corporations or LCS can ensure compliance and a smoother construction process.