Sworn Statement Contract From Form – Fill Out and Use This PDF

Sworn Statement Contract From Form PDF Details

In the world of construction and property development, transparency and accountability are paramount. One key document that plays a pivotal role in ensuring both is the Owner's Sworn Statement Concerning Direct Contracts. This document, required under Section 713.16(5) of the Florida Statutes, serves as a formal declaration by the property owner detailing the financial aspects of direct contracts. It lists the total amount contracted for the project, sums already paid out for labor, services, and materials, as well as scheduled payments and their respective dates. Additionally, it addresses the current status of construction—whether it has ceased and, if so, the estimated cost to complete the project according to the contracted terms. Beyond providing a breakdown of financials, this statement is also a legal affirmation of the amounts due, underscoring the owner's accountability and the seriousness of the document. It must be sworn before a notary public, adding a layer of legal obligation and veracity. The statement not only facilitates clear communication between the property owner and the lienor but also serves as a proactive step in avoiding disputes by laying a transparent financial foundation from which to operate. Moreover, the inclusion of a Certificate of Service ensures that this crucial document is delivered to the concerned parties in a timely and verifiable manner, reinforcing the ethos of transparency and responsibility that governs the construction industry.