- What is a Stop Notice?
A stop notice is a legal tool used in construction projects to ensure payment for work or materials provided. It’s a formal notification that requests a hold or suspension of payment to a contractor or subcontractor until the payment issue is resolved.
A stop notice is issued by a party who has not been paid for work or materials. This could be a subcontractor, supplier, or another entity involved in the project. Stop notices are designed to protect the rights of those who contribute to a construction project by ensuring they are paid for their work. They are a crucial tool in managing payment disputes and ensuring fair compensation in the construction industry.
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Every state has specific regulations for construction payments. Discover the necessary guidelines and laws related to your specific state.
Follow our informative guides to ensure that you get paid quicker and protect your assets.
