Banking Industrial Leases Liability 
Construction Business Owner
JUNE 1, 2022
The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.
Green Building Law Update
JANUARY 19, 2020
The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. provides an important liability protection, including from cleanup costs, for parties who qualify as bona fide prospective purchasers (BFPPs). 9601 et seq., 9601 et seq.,
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Green Building Law Update
AUGUST 30, 2020
For those concerned about the state of the environmental industrial complex during the coronavirus disease 2019 pandemic, I can report that last Friday I reviewed my 1,000th Phase I Environmental Site Assessment this year. economy, when in any given year the vast majority of real estate transactions are leases and not contracts of sale.
Contractor Bookkeeping
AUGUST 16, 2013
Bank Balance - Un-cleared Checks) = Cash. Assets - Liabilities) = Equity. -. Bank Account - Escrow Deposits. Bank Account - Operating. Bank Account - Job Deposits. Bank Account - Payroll. Bank Account - Operating. Bank Account - Petty Cash. Bank Account - Payroll. Cash On Hand.
Green Building Law Update
SEPTEMBER 11, 2016
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 consent to a PACE loan is required. Maryland is typical.
Buisness Facilities Contributed Content
MARCH 9, 2016
Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing. This program insures up to 80% of a bank loan for a maximum loan term of four years. TAX INCENTIVES.
Buisness Facilities Contributed Content
MARCH 9, 2016
Industrial Development Bonds (IDBs): The State Treasurer is allowed to purchase industrial development bonds issued by municipalities or counties for the benefit of Wyoming businesses. The business must provide a bank “letter of credit” to guarantee payment of the bonds. 9-4-715 (m). TAX INCENTIVES.
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