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Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

You understand and agree that this is a lease and not a sale agreement. That fixture filing is in most states a lien or encumbrance against the system. There can be real legal jeopardy and significant dollar liability for those failing to address the issues associated with solar panels.

Leases 232
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Seven Things to Do When an Owner Doesn’t Pay

Constructonomics

And don’t think you’ll get legal fees in a settlement – it just won’t happen. Sometimes there is a much simpler solution and getting bogged down with all the legal mumbo jumbo can cause you to lose site of other less expensive alternatives. File a Mechanic’s Lien (if you can).

Lien 186
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Broad Form Lien Waivers No Longer Part of the Game in North Carolina

Best Practices Construction Law

And if you are a contractor or subcontractor in North Carolina, the law makers recently afforded you some additional protections to your lien rights. The law, effective March 1, 2022, states that a similar advanced or broad lien waiver as part of a progress payment is also not enforceable.

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Selling a House with Solar Panels is Not for the Faint of Heart

Green Building Law Update

You understand and agree that this is a lease and not a sale agreement. That fixture filing is in most states a lien or encumbrance against the system. There can be real legal jeopardy and significant dollar liability for those failing to address the issues associated with solar panels.

Leases 179
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What is a ‘Mechanic’s Lien’: Understanding Your Rights and Obligations

Building Radar

A mechanic’s lien is a legal claim against a property for unpaid work or materials provided during construction or renovation. What is a Mechanic’s Lien? What is a Mechanic’s Lien? If the property owner fails to resolve the lien, the lienholder may seek foreclosure to recover the owed amount.

Lien 52
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What Contractors Need to Know About Surety Bonds

Construction Marketing

Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.

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Selling a House with Solar Panels is Fraught with Peril

Green Building Law Update

You understand and agree that this is a lease and not a sale agreement. That fixture filing is in most states a lien or encumbrance against the system. There can be real legal jeopardy and significant dollar liability for the seller and buyer, failing to address the issues associated with solar power.

Housing 207