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NOTICE of COMPLETION CORPORATION  Form

NOTICE of COMPLETION CORPORATION Form

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Instructions and help about NOTICE OF COMPLETION CORPORATION

If you’re working on a construction project in California, Arizona, Washington, or Alaska, you might be able to use Stop Notices as an additional tool to get paid. In this video, I’m going to explain what a Stop Notice is, how it works, and how you can use it to get paid.  Before we start, don’t forget to subscribe to the Levelset youtube channel for more helpful construction payment videos. Now let’s dive in. What is a stop notice? A stop notice is a lesser-known payment recovery tool, but it’s one that can be really effective. Much like a payment bond claim - a stop notice is mailed, not filed. It’s typically sent to parties like the property owner, public agency, or the lender. Once these parties receive a stop notice, they’ll generally have to stop or “freeze” the specific amounts that were claimed.  In other words, they are required to set aside that amount of money so it’s available to you later on instead of paying it out. Keep in mind that the notice only

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