Under SC mechanics lien law, a general contractor must provide what notice to property owners regarding potential liens from subcontractors?
Correct Answer
A) Written notice of right to receive list of subcontractors
South Carolina law requires general contractors to provide property owners with written notice of their right to receive a list of subcontractors and suppliers who may have lien rights.
Why This Is the Correct Answer
South Carolina law requires general contractors to provide property owners with written notice of their right to receive a list of subcontractors and suppliers who may have lien rights.
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A General Contractor Class B in South Carolina has 12 employees with a total annual payroll of $480,000. Using the standard rate of $8.50 per $100 of payroll for construction work, what is the annual workers compensation premium?