Sterling Heights Michigan Statement of Labor and Material Furnished - Corporation or LLC

• Category: Michigan Liens - Construction - Mechanics
• State: Michigan
• City: Sterling Heights
• 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 Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC is a legal document that serves as a record of labor and materials provided by a corporation or limited liability company (LLC) in relation to a construction project or improvement of real property. This statement is an important instrument for maintaining transparency and ensuring that all parties involved in the project are accurately informed about the work performed and the materials used. Key elements present in a Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC include the following: 1. Identification of the Parties: The statement begins by identifying the corporation or LLC providing the labor and materials (known as the "Claimant"), and the party for whom the work is performed or materials are furnished (known as the "Owner"). This helps to establish a clear understanding of the contractual relationship between the involved parties. 2. Project Description: The document outlines the specific project for which the labor and materials were supplied. This includes a detailed description of the property or construction project that the statement pertains to, ensuring clarity on the scope of work. 3. Dates and Duration of Work: The statement includes the dates during which the labor and material were furnished. This helps in determining the timeline of the project and may be useful for tracking progress and ensuring timely payment. 4. Description of Labor: The document specifies the type of labor performed, such as construction, repairs, or installations. It may also include details about subcontractors or any additional parties involved in the provision of labor. 5. Description of Materials: This section comprehensively lists the materials furnished, including their quality, quantity, and any specific details relevant to the project. It ensures that the recipient of the statement is informed about the materials procured by the Claimant. 6. Payment Details: The statement may include information about the agreed-upon payment terms, such as the total amount due, payment due dates, and any applicable interest or penalties for late payments. This section protects the Claimant's financial interests and outlines the obligations of the Owner. 7. Signatures and Legal Language: The Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC requires signatures from both the Claimant and the Owner, acknowledging that the statement is an accurate representation of the labor and materials provided. This makes the document legally binding and enforceable if any disputes or issues arise. Different types of Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC may exist depending on the specific circumstances of a project. These may include variations based on the extent of labor, the nature of materials furnished, or contractual agreements unique to each situation. However, the fundamental purpose of all such statements remains consistent — to provide an official record of the labor and materials delivered by a corporation or LLC, ensuring transparency and facilitating fair compensation for the work performed.

The Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC is a legal document that serves as a record of labor and materials provided by a corporation or limited liability company (LLC) in relation to a construction project or improvement of real property. This statement is an important instrument for maintaining transparency and ensuring that all parties involved in the project are accurately informed about the work performed and the materials used. Key elements present in a Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC include the following: 1. Identification of the Parties: The statement begins by identifying the corporation or LLC providing the labor and materials (known as the "Claimant"), and the party for whom the work is performed or materials are furnished (known as the "Owner"). This helps to establish a clear understanding of the contractual relationship between the involved parties. 2. Project Description: The document outlines the specific project for which the labor and materials were supplied. This includes a detailed description of the property or construction project that the statement pertains to, ensuring clarity on the scope of work. 3. Dates and Duration of Work: The statement includes the dates during which the labor and material were furnished. This helps in determining the timeline of the project and may be useful for tracking progress and ensuring timely payment. 4. Description of Labor: The document specifies the type of labor performed, such as construction, repairs, or installations. It may also include details about subcontractors or any additional parties involved in the provision of labor. 5. Description of Materials: This section comprehensively lists the materials furnished, including their quality, quantity, and any specific details relevant to the project. It ensures that the recipient of the statement is informed about the materials procured by the Claimant. 6. Payment Details: The statement may include information about the agreed-upon payment terms, such as the total amount due, payment due dates, and any applicable interest or penalties for late payments. This section protects the Claimant's financial interests and outlines the obligations of the Owner. 7. Signatures and Legal Language: The Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC requires signatures from both the Claimant and the Owner, acknowledging that the statement is an accurate representation of the labor and materials provided. This makes the document legally binding and enforceable if any disputes or issues arise. Different types of Sterling Heights Michigan Statement of Labor and Material Furnished — Corporation or LLC may exist depending on the specific circumstances of a project. These may include variations based on the extent of labor, the nature of materials furnished, or contractual agreements unique to each situation. However, the fundamental purpose of all such statements remains consistent — to provide an official record of the labor and materials delivered by a corporation or LLC, ensuring transparency and facilitating fair compensation for the work performed.

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