Understand the changes in the Louisiana Private Works Act, Louisiana lien law, terms and conditions when a construction bond is required, and the Notice of Termination.
It is important to note the changes to the Louisiana lien law. These changes include claims by those who perform work for the owner and claims by those who perform work for a contractor. In addition, you should also know about amounts secured by claims and privileges, attorney’s fees in Louisiana, and notices required of certain claimants. Understand 'work defined,’ the terms and conditions when a construction bond is required, liability of surety, and preservation of claims and privileges. You also need to know about filing, how to request to cancel inscription of claims and privileges, and about the Notice of Pendency of Action.
Generally, the law with the new deadlines and all the changes are effective January 1, 2020. It will apply to work that begins on or after that date, unless there was a Notice of Contract filed before January 1, 2020.
Now if a Notice of Termination was filed before January 1, 2020, then the filing has not changed. In other words, if a Notice of Contract is filed and a Notice of Termination was filed before January 2020, then you are under the current statute. You are not under any of the changes if no Notice of Termination was filed before January 1, 2020.
Now if no Notice of Termination was filed before January 1, 2020, and the work is substantially completely or abandoned after that date, then the new deadlines apply even though the work started before January 1, 2020.
The amendments which address the rankings of their privilege, apply retroactively to all works, and issues that were discussed above, like cancelling inscriptions of claims, and the Notice of Lis Pendens that also applies retroactively.
Customers of SunRay and new customers can use the online portal and all the forms required. They are online and easy to select in the SunRay online system. So you can go online if it is residential or commercial.
There are different statutory forms for those, and they are on the online system so you do not have to worry about that. All it takes is approximately 60 seconds to enter in a request. Your job address, who you have a contract with, if you have a contract with the subcontractor, the general contractor, if you have this information in front of you, all it takes is 60 seconds to secure your lien rights.
This is one of the most important parts of your lien and bond claim rights – reminders. So the SunRay application assists you by sending you email reminders. These are also saved in your Outlook or Google account.
You can do all of your waiver and release of liens in the SunRay system for free and manage everything online for free. So if you give out ten partials, it is all stored online so that you can see what you give to your subcontractors, the general contractor, or even the owner of the property.