Legal Question in Real Estate Law in Texas
contractor lien
sba requires you to have a named contractor even if it's just a friend and even if they don't do the work for a low interest disaster loan-what problems can this lead to? i have a friend listed as my contractor but LOWES did the work
Asked on 8/21/07, 11:18 am
1 Answer from Attorneys
Jason Charles Ciarochi
Ciarochi and Associates, PLLC
Re: contractor lien
When in doubt, follow the law. There are some that view government loans which are used to pay private individuals for work as potentially fraudulent. It is best to play it safe and always be truthful to people who are giving you money.
Answered on 8/22/07, 6:53 am