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Louisiana Notice to Owner of Obligation Arising from Contract Individual  Form

Louisiana Notice to Owner of Obligation Arising from Contract Individual Form

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Instructions and help about Louisiana Notice To Owner Of Obligation Arising From Contract Individual

Understanding how the Notice of Commencement works is crucial to getting paid in construction. In this video, we’ll explain what a Louisiana Notice of Commencement is and the requirements for different parties on a construction project. Before we start, don’t forget to subscribe to our youtube channel for more construction payment videos. What is a Louisiana Notice of Commencement? In Louisiana, a Notice of Commencement is also called a Notice of Contract. It officially signifies the beginning of a construction project. In Louisiana, a Notice of Commencement is required on all private construction projects over $100,000.  It contains:  -Contact information for the owner and GC, -Property description,  -Price of the work, -When payment is to be made, and  -Brief description of the work to be performed. It is typically filed by either a direct contractor, or the owner. It must be filed in the recorder of mortgages office of the parish where the improvement is located. It must be

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