MI General Contractor Practice Questions - Michigan General Contractor Exam

What is the Sworn Statement requirement under Michigan's Construction Lien Act?

No such requirement exists Before receiving payment, a contractor must provide the owner with a Sworn Statement listing all subcontractors and suppliers and amounts due Only for projects over $50,000 Only for public projects

Correct Answer:

Before receiving payment, a contractor must provide the owner with a Sworn Statement listing all subcontractors and suppliers and amounts due

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