Lender Liability for Failure to Make Payments on Construction Project
In Miera v. National City Mortgage , 2009 WL 2495757 (M.D. Fla. 2009), the Court held that an owner stated a case against a lender who failed to make proper payments under the lien law to all potential lienors. In this case, the lender had sole authority to make payments from the construction loans and failed to make proper payments pursuant to Section 713.06(2)(d), Fla. Stat. Trenton H. Cotney Florida Bar Certified in Construction Law Glenn Rasmussen Fogarty & Hooker, P.A. 100 S. Ashley Dr., Suite 1300 Tampa, FL 33602 (813) 229-3333 http://www.glennrasmussen.com