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Getting Paid on Time Using
Ohio Mechanics Liens Laws:
A Guide for the Subcontractor and Supplier
Builders Exchange (Cleveland) and
American Sucbontractors Association
Member Discount
Construction Law Seminars
Designed Primarily for the Needs of
Subcontractors and Suppliers
Tuesday July 12, 2011
Check in and Lunch 11:30
Seminar 11:45 to 2:00 PM
Builders Exchange Office
9555 Rockside Road
Suite 300
Cleveland, Ohio 44125
FREE Construction Credit News Weekly Report
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Getting Paid on Time Using
Ohio Mechanics Liens Laws:
A Guide for the Subcontractor and Supplier
Presented by R. Russell O'Rourke, Esq.
Builders Exchange (Cleveland) or ASA Members $25
Non-Members $50
If you aren't a member or haven't yet renewed your membership, $25 of the Non-Member Tuition will be applied if you join or renew before the Seminar, so.....
DON'T DELAY, REGISTER TODAY,
WHILE THERE IS STILL SPACE AVAILABLE
WHO SHOULD ATTEND:
Anyone in the construction subcontracting industry who is responsible for reviewing, negotiating or managing contracts and subcontracts, including Owners, CEOs, CFOs, Controllers, Project Managers, Risk Managers and Estimators.
ABOUT THIS SEMINAR
The construction industry operates on credit. Your business operates on credit. You sell your products or perform your work knowing that you don't expect to be paid for 30, 60 or 90 days, maybe longer. Even then, they are going to hold retainage for a longer time. When you perform your work or supply you materials without being paid in full, immediately, you are granting credit to your customers. These days, we are seeing more and more companies that use subcontractors' and suppliers' money to pay for other things.
When a bank offers you credit, they want to have the security that you will pay them back. Both you and your bank are in the same business, granting credit, they just understand that they are in that business and do everything that they can to protect themselves. By understanding and using your Mechanic's Lien rights, You Can Too.
Understand your rights and your obligations to assure that you will be paid on time, every time.
10 Benefits You Will Gain by Attending this Program
1. Understand the importance of the Notice of Commencement and learn how to read it.
2. Learn how to properly complete and serve your Notice of Furnishing to get paid on time (done Properly it will help expedite your payment).
3. Learn the strict timetables for serving your Notice of Furnishing AND filing your Mechanic's Lien.
4. Learn about the recent changes in Ohio Lien Law.
5. Learn how to negotiate payment terms and waivers to be paid on time, every time.
6. Understand when you should file a Mechanics Lien or Bond Claim to protect your company's investment.
7. Learn the steps to Securing a Mechanics Lien and Bond Claim to assure that you are paid when you should be paid.
8. Understand the difference between Partial, Conditional and Final Lien Waivers and how to spot those differences and fix the standard forms using the magic language that can change it from one to another.
9. Learn how to use Ohio Mechanic's Lien and Related Construction Laws to assure that you are paid when and how much you should be paid.
10. The important differences in your Mechanic's Lien and Bond Claim rights among Residential, Commercial and Public Construction Projects (there are even big differences between State and local public projects and Federal projects that can mean a lot to you).
Also, after the seminar, participate in focused, open discussion about the business practices of developers, owners, contractors, and subcontractors. Bring questions about companies you are considering working with, bidding to or selling to and find out their track record, including how often they are sued or have mechanics liens filed against them.
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