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Texas Homestead Lien Rules & Requirements

Levelset

Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

As a construction litigation attorney, the “claim” is often about telling the story of a breach of contract, or failed expectations, or unforeseen delays, all through the testimony of individuals or the introduction of documents. certifications and/or lien waivers) to the prime contractors to obtain payment. Mass) (Dec.

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Mayer Building Company for Subcontractors: Payment Guide & Resources

Levelset

Digging deeper into company processes for payment, change orders, lien waivers, and more will give you a sense of what to expect while working with them. . You’ll need to provide documentation before work starts, apply for progress payments during the project, and apply for your final payment as part of project closeout.

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Payment Applications 101: A Guide to Pay Apps in Construction

Fieldwire

But a pay app is actually a collection of supporting documents that first and second tier contractors submit to request payment. The construction contract will typically define the process for submitting a pay app, the documents to include, and the deadline for submission. Contractors get paid for the work they document.

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How a Construction-to-Permanent Loan Impacts Contractors & Lenders

Levelset

Contractors need to pay close attention to detail in their project documentation and draw requests. Improper project documentation or budgeting. Cost-plus agreements raise the chance of default. These agreements are lawful, but may be detrimental to a lender’s bottom line. Failing to protect lien rights.

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How to Manage Compliance for Construction Success

Viewpoint Construction Technology

Common regulations in the construction industry include: Contractual agreements between owners, contractors and subcontractors. Wage and union payroll agreements. Lien requirements. Disseminating compliance information and collecting data via paper often leads to delays, lost information and outdated documents.

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Transparency in Contract Revisions

Mr Ethics

Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. We always modify the documents to get better terms for us. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. We never let the owner or sub know we modified the document. Regards, Mr. Ethics

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