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Business Timi Jul 08 2019

Metro 2 Format for Credit Reporting

What is the Metro 2 Format? In the United States of America, all the major credit bureaus recognize Metro 2 as the standard reporting software for all the business credit data. The Metro2 format created by the consumer data industry association (CDIA) in 1997. Metro2 format created to report all the commercial and credit information … Continue reading Metro 2 Format for Credit Reporting

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Business Timi Jul 08 2019

What is a 20 Day Preliminary Notice?

In the states of Arizona and California, A Preliminary 20 Day Notice is a very important document. The document sent by suppliers, subcontractors, and other construction parties to the owners of the property.  Moreover, the document used by the general contractor to inform the stakeholders about their involvement in a project and to secure lien … Continue reading What is a 20 Day Preliminary Notice?

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Business Timi Jul 08 2019

Difference Between Lien Releases and Lien Waivers

Both Lien Releases and Lien Waivers used synonymously, but both are incredibly different. It is essential to understand to differentiate between them. There should be no confusion in understanding them. Lien waiver document is very different from the text of Releases of Lien. In this article, we explained Lien Releases vs Lien Waivers in detail. … Continue reading Difference Between Lien Releases and Lien Waivers

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