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Resource ID: #21314
Subject: Construction
Source: Florida Trend Magazine
Affiliation: 
Date: July

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Description

Reporters at the Florida Trend magazine examine a 30-year-old contract law which protects subcontractors from getting stuck with the bills of bankrupt contractors. The state law, called the Construction Lein Law, puts any building costs not paid by the general contractor into the hands of the homeowners, regardless of if they have already paid the contractor. This law has caused a number of problems among consumers because of lax state regulation of homebuilders, and the ability to easily rip off consumers.

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