what happens if you send a preliminary notice late
DESCRIPTION
It’s no secret that managing preliminary notice deadlines, and sending preliminary notices within those deadlines, is a crucial aspect of lien policy and sound credit management for parties in the construction industry. In fact, the ability to track deadlines and determine when preliminary notices must be sent is one of the main factors that companies can look to in choosing a lien service provider. Sometimes, however, circumstances can be such that a deadline passes without the notice being sent. While this is not a position in which a business wants to find itself, the nature of the construction business is such that complete notice compliance can be difficult. Timing problems can generally be avoided with proper internal management, or through outsourced notice management, but, what happens if a notice slips through the cracks?TRANSCRIPT
