Which of the following is NOT true regarding the Lien Law (F.S. 713)?

The rationale behind identifying that a notice of commencement must be filed if the work exceeds a specified value highlights the importance of project transparency and protectiveness within Florida's construction industry. In fact, a notice of commencement is a document that serves to inform all parties involved, including contractors, subcontractors, and suppliers, about the start of the construction project. When the value of the work exceeds $2,500 in the case of residential projects or $7,500 for commercial projects, a notice of commencement is required prior to the commencement of work. This process helps set the guidelines for establishing rights to lien and ensuring compliance with local regulations.

By stating that a notice must be filed if the work is valued over $3,500, it misrepresents the threshold in residential cases since the value limit is lower than that figure. Thus, the assertion regarding the specific value of $3,500 in relation to the need for a notice of commencement is not true, confirming it as the correct answer for the question.