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Answer :
Final answer:
The importance of CPL and OBCPL for retention in construction projects.The correct answer is b. No, the CPL is not required for retention.
Explanation:
In the context of the question, the CPL refers to the Certificate of Preliminary Lien, and the OBCPL refers to the Owner's Bill of Costs and Preliminary Lien. These documents are typically used in construction projects to secure payment for services rendered. If a contractor or subcontractor wishes to retain their lien rights and potentially file a lien against the property for non-payment issues, they need to provide the necessary documents specified by state law.
However, the specific requirements for retention may vary depending on the state and the project details. In many cases, the CPL or OBCPL may not be mandatory for retention, but it is advisable to consult legal counsel or relevant authorities to ensure compliance with the law.
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