Business Credit References: (Please give name, address, Phone #, & Acct #)
Under the mechanics lien law (California Code of Civil Procedure, Section 3082 et seq), Any contractor, subcontractor, laborer, supplier, or other person who helps to improve your property but is not paid for his work or supplies, has a right to enforce a claim against your property. This means that, after a court hearing, your property could be sold by a court officer and the proceeds of the sale used to satisfy the indebtedness. In the event suit is instituted by the seller to collect the amount due on the purchase, buyer agrees to pay the seller a reasonable sum for attorney’s fees. This can happen even if you have paid your own contractor in full, if the subcontractor, laborer, or supplier remains unpaid.
Accounts are due and payable on or before the 10th, delinquent the 15th. A 2% service charge (24% annually, minimum $1.00) will be added to any delinquent account.
People authorized to charge on your account:
BANK INFORMATION AUTHORIZATION
to fully respond to Butcher’s Block & Building Materials request for credit and banking verification for:
The account number(s) is/are: