Grand Rapids Michigan Statement of Labor and Material Furnished - Corporation or LLC

• Category: Michigan Liens - Construction - Mechanics
• State: Michigan
• City: Grand Rapids
• Control #: MI-15A-09
• Format: Word; Rich Text

Description

This form is used by a corporate or LLC lien claimant to respond to a demand for information by a party with an interest in property being improved. Michigan statutes allow the lien claimant ten (10) days to produce a written statement detailing the amount of labor and materials provided as of the date of the statement, the amount of payment that is still due, and the work that remains to be performed under the contract. The Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC is a legal document that is used to record and document the labor and materials supplied by a corporation or Limited Liability Company (LLC) in a construction project in the city of Grand Rapids, Michigan. This statement is crucial for protecting the rights of contractors and subcontractors when it comes to payment disputes and ensuring transparency and accountability in the construction industry. The Statement of Labor and Material Furnished serves as evidence for the work completed and materials provided by a corporation or LLC involved in the construction project. It helps establish a clear record of the services rendered and the value of materials delivered by the entity. This statement is an integral part of the lien process as it provides contractors and subcontractors with the necessary documentation to assert their right to payment if disputes arise. The Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC typically includes important information such as the project's details, including the location, description, and scope of work. It also details the labor and materials supplied, along with corresponding costs and values. Furthermore, the statement will include the date of delivery or work completion, as well as the services provided by the entity filing the statement. Different types or variations of the Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC may include: 1. Preliminary Statement: This type of statement is filed before the commencement of the construction project and serves as a notice to all interested parties of the corporation or LLC's involvement in the project. It helps establish priority and secure the entity's right to payment. 2. Final Statement: This type of statement is filed upon the completion of the project. It provides a comprehensive summary of all labor and materials furnished by the corporation or LLC and serves as proof of the entire scope of work. 3. Progressive Statements: In larger construction projects, multiple statements may be filed at different stages of completion. These progressive statements track the labor and materials provided in various phases or milestones of the project, making it easier to monitor progress and identify any payment issues at an early stage. By utilizing the Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC, construction entities in Grand Rapids can ensure that their work is properly documented and their rights to payment are protected. This document plays a crucial role in facilitating smooth financial transactions and resolving disputes in the construction industry.

The Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC is a legal document that is used to record and document the labor and materials supplied by a corporation or Limited Liability Company (LLC) in a construction project in the city of Grand Rapids, Michigan. This statement is crucial for protecting the rights of contractors and subcontractors when it comes to payment disputes and ensuring transparency and accountability in the construction industry. The Statement of Labor and Material Furnished serves as evidence for the work completed and materials provided by a corporation or LLC involved in the construction project. It helps establish a clear record of the services rendered and the value of materials delivered by the entity. This statement is an integral part of the lien process as it provides contractors and subcontractors with the necessary documentation to assert their right to payment if disputes arise. The Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC typically includes important information such as the project's details, including the location, description, and scope of work. It also details the labor and materials supplied, along with corresponding costs and values. Furthermore, the statement will include the date of delivery or work completion, as well as the services provided by the entity filing the statement. Different types or variations of the Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC may include: 1. Preliminary Statement: This type of statement is filed before the commencement of the construction project and serves as a notice to all interested parties of the corporation or LLC's involvement in the project. It helps establish priority and secure the entity's right to payment. 2. Final Statement: This type of statement is filed upon the completion of the project. It provides a comprehensive summary of all labor and materials furnished by the corporation or LLC and serves as proof of the entire scope of work. 3. Progressive Statements: In larger construction projects, multiple statements may be filed at different stages of completion. These progressive statements track the labor and materials provided in various phases or milestones of the project, making it easier to monitor progress and identify any payment issues at an early stage. By utilizing the Grand Rapids Michigan Statement of Labor and Material Furnished — Corporation or LLC, construction entities in Grand Rapids can ensure that their work is properly documented and their rights to payment are protected. This document plays a crucial role in facilitating smooth financial transactions and resolving disputes in the construction industry.

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