Tag Archives: Sufficient Funds Affidavit

Condominium Construction? Easy, Get A Sufficient Funds Affidavit.

No one likes terminating a notice of commencement.  In the post-housing bubble economy we live in, many underwriters have made it increasingly more difficult to obtain coverage over potential construction liens.  This process typically involves lien waivers, final contractor’s affidavits and even indemnities.  So when I’m told there’s a way around this process…I listen up. […]