Construction Law Monitor
MARCH 15, 2012
The Construction Lien Blog (published by me!) yesterday posted a neat infographic focused on the mechanics lien. The mechanic lien laws, however, actually made a great subject for such visualized data, and I invite you to take a look at it over on our blog or below. Here it is:
Green Building Law Update
JUNE 25, 2017
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.
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Best Practices Construction Law
MAY 14, 2012
The following are examples of the types of information that you will find in the Construction Law Update: Cases and Legislation Affecting the Construction Industry (2011-12): Senate Bill Number 59, Alabama 2011 Regular Session. 2011 Ariz.App. Plymouth Crossroads Station, LLC , 2011 WL 1119697 (Minn. In William Smith v.
Green Building Law Update
JULY 24, 2016
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.
NH Construction Law
FEBRUARY 29, 2020
The requirement in RSA 447:9 that a mechanic’s lien must be secured within 120 days of the lienor’s last furnishing of labor or materials has occasionally spawned disputes over what counts as that last day. ’ Work of that nature could be found not to be such as to extend the duration of plaintiff’s lien.”
Green Building Law Update
JANUARY 24, 2016
In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.
Green Building Law Update
SEPTEMBER 11, 2016
The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Commercial PACE programs are still very new. Maryland is typical.
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