Florida’s Lien Law 2023 Updates: Part 1 – Contractor Definition and Finance Charge Insights
In our latest episode of The Lien Zone Podcast, we unpack the significant changes to Florida’s Lien Law, effective October 1, 2023. We discuss updates to the term “Contractor” which now includes construction management roles, and the new interpretation of “Final furnishing” emphasizing the importance of the last date of service or materials provision.
Further, we explore the clarification on rental equipments’ lienable status, and the newly introduced “finance charge” definition, ensuring the recoverability of the interest rate in your contract or credit application.
As we continue our deep dive into the Florida Lien Law changes next week, we invite you to join us in understanding these crucial updates. Follow The Lien Zone Podcast for more insights into the evolving landscape of construction law.
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About Alex Barthet
Alexander Barthet is a board certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
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