WHO IS THE OWNER? CONTRACTORS, BROKERS AND AGENTS BEWARE!
IF YOU AREN’T CAREFUL, YOU WILL NOT COLLECT.
Here is the scenario … you spend months working on a project and you are a bit behind in billing or collecting from the owner. The owner is “ghosting you” and you pull your team off the job. You now want to file a mechanics lien or file suit against the owner when your attorney tells you that the owner is not the property management company or project manager but a limited liability company or partnership which is not the party that signed your contract. Result: you will likely not collect. Too often you or your business office looks up the tax records of a property and believes that the owner is the party listed on the tax records – WRONG! Tax records only suggest to whom a tax bill will be sent (and typically a project or property management company). To determine the true owner of a property, you need to search the deed records. To confirm deed record ownership, contact Weiss LLP who can readily look this up for you. Alternatively, have a title company engaged to conduct a title search of the property to learn this information. Don’t be lazy – do your homework!