I am selling my home and the buyers are paying for a new roof. Why am i being asked to sign the NOC? Also the job will be done under my home owners insurance
Could this have any negative consequences for me?
1 reply
Mar 24, 2020
Florida is very strict about requiring that the property owner sign a Notice of Commencement, and no one can sign in the owner's place. So, if the property hasn't changed hands, it makes perfect sense that the seller of the property would need to sign a Notice of Commencement. Of course, it may make sense for a seller to make sure their buyer is listed on the Notice of Commencement - potentially as the owner's designee - so that the buyer receives copies of all project notices.
As far as liability goes, keep in mind that a Notice of Commencement doesn't actually create any liability for an owner. In fact, it goes a long way to limit potential liability - so it's usually a good idea for owners to make sure they're filing a Notice of Commencement any time work is being done on their property.
If you've got questions about Notice of Commencement requirements and how they affect you, as the owner - this guide should have all the information you need: Florida Notice of Commencement Checklist & Lien Risk Guide For Owners. This resource may also provide some additional value: Florida Notice of Commencement FAQs & Guide.