Which law requires an owner to provide an affidavit to a purchaser or lender regarding payment for labor and materials?

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The Mechanic's Lien Notice is the correct answer because it specifically mandates that property owners must provide an affidavit affirming they have paid for all labor and materials related to the construction or improvement of a property. This law is designed to protect both purchasers and lenders by ensuring that there are no outstanding debts related to the work done on the property, which could create a lien against it. By requiring this affidavit, the law helps prevent disputes over unpaid work and ensures transparency in real estate transactions.

The other options do not pertain to the specific requirement regarding payment affidavits. The Virginia Non-Stock Corporations Act governs corporate structure and operations but is unrelated to mechanics’ liens. Megan's Law focuses on public safety regarding sex offenders and does not address construction or contractor issues. The New Construction Act deals with regulations surrounding new building projects, but it does not specifically impose requirements for providing an affidavit about labor and material payments in the same manner as the Mechanic's Lien Notice.

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