I just received a Notice of Furnishing from a supplier of a sub that is doing work for my GC on a Home Remodel. I believe the sub wants a copy of the Notice of Commencement. Of course, I didn't know anything about an NOC! What protection am I affording myself if I file an NOC now?
I advise recording a Notice of Commencement (NOC) and providing your GC with a copy to provide to his subs and suppliers.
Recording a NOC triggers the obligation of a lower tier subs and suppliers (potential lien claimants) to provide you or your Designee with a Notice of Furnishing (NOF). This will tell you who they are and what they're furnishing to your project. You want this information when you're looking at your GC's sworn statement. A sworn statement is a list of your GC's subs and suppliers who are furnishing labor and materials to the job. If someone sends you a NOF, but they're not on your GC's sworn statement, that's a red flag. Find out why they're not listed.