Protect Yourself Against Tenant Construction Liens in Fla.
If you are a commercial landlord, you may inadvertently be subjecting your land and building to liens by contractors who perform work for your tenants. Since the commencement of the recent economic downturn, many commercial buildings have changed hands, and many new owners have inherited leases negotiated by prior owners. Florida law offers a means by which a landlord can protect itself from lien claims against its land and building if a tenant fails to pay its contractors, but many landlords are not taking advantage of this protection.
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