Construction Law Monitor

OCTOBER 1, 2013

Offsetting these complexities are state laws that provide subcontractors and suppliers with “mechanics lien” rights. These rights have existed in the United States since Thomas Jefferson introduced the first lien legislation more than 220 years ago. 1) Dedicate Your Company To Mechanics Lien Compliance.

Lien 51

Lien Debt United States Management 51

Construction Lawyer

MAY 21, 2009

Subcontractors Mechanics lien allowed where bank seized generals funds. 107108 (May 21, 2009), has ruled in favor of the subcontractor in enforcing a mechanics lien. Funds subject to a lien waiver are required to be held by the owner in trust for the subcontractor. May 21, 2009 in litigation , mechanics liens | Permalink.

Lien 40

Lien Illinois AIA Chicago 40

Construction Law Monitor

JUNE 17, 2014

In many instances in Louisiana and other states, material suppliers must send notice to the owner, general contractor and the party who hired them in order to preserve some type of lien or bond claim right if not timely paid. Knowing these rules can mean all the difference to whether a bill gets paid or it gets written off as bad debt.

Louisiana 58

Louisiana Materials Contract Lien 58

Construction Law Monitor

SEPTEMBER 27, 2010

Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages). The value of these loans can be between $10,000 and $100,000, and sometimes more.

Finance 48

Finance Lien Green Louisiana 48

NH Construction Law

MAY 28, 2018

The threat of that withholding may be enough to entice the sub to prioritize scarce dollars toward employee-related debts before feeding any other wolf at the door. any principal of the sub signing the lien waiver may also be liable to the general. I generally do not recommend this except as a last resort.

Subcontracting 40

Subcontracting New Hampshire Lien Insurance 40

Construction Law Monitor

JUNE 16, 2014

In many instances in Louisiana and other states, material suppliers must send notice to the owner, general contractor and the party who hired them in order to preserve some type of lien or bond claim right if not timely paid. Knowing these rules can mean all the difference to whether a bill gets paid or it gets written off as bad debt.

Louisiana 40

Louisiana Materials Contract Lien 40

Autodesk Construction Cloud

NOVEMBER 15, 2021

The difference between secured and unsecured debts. You are owed a debt. Unsecured credit means the debt is not tied to any collateral. You can collect on the debt by taking things to court, obtaining a judgment, and finding assets to collect the amount owed. A home mortgage is a common example of secured debt.

Contract 52

Contract Contractors Negotiation Subcontracting 52

Levelset

AUGUST 16, 2022

The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.

Risk 52

Risk Cash Flow Construction Banking 52

Buisness Facilities Contributed Content

APRIL 15, 2014

State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a seven-year period. The program ends December 2016.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 8, 2016

New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. The term of the loan will vary depending on the loan purpose with a maximum of 15 years. Reference: N.D.C.C. §

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. The term of the loan will vary depending on the loan purpose with a maximum of 15 years.

North Dakota 40

North Dakota Income Finance Equipment 40

Building Information Management

JULY 27, 2016

00 61 16 Lien Bond Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. Project Delivery. 00 54 00 Agreement Form Supplements. 00 60 00 Project Forms.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

00 61 16 Lien Bond Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. 00 61 16 Lien Bond Form. Affidavit of Payment of Debts and Claims Form. Affidavit of Release of Liens Form. Project Delivery. 00 54 00 Agreement Form Supplements. 00 60 00 Project Forms.

Equipment 40

Equipment Construction Schedule Concrete 40

NH Construction Law

OCTOBER 28, 2024

New Hampshire’s mechanic’s lien statute, RSA 447:2 , gives a lien to those who “perform labor, provide professional design services, or furnish materials” to improve someone’s real estate. The lien “provides security against the property owner for the value of the labor or materials rendered.”

Lien 40

Lien Overhead Profitability New Hampshire 40

NH Construction Law

NOVEMBER 23, 2019

As discussed in an earlier blog (#60), in order to “perfect” a mechanic’s lien in New Hampshire the lienor must institute court action for the purpose of getting an attachment order, Topjian Plumbing Heating, Inc. ” Our question is whether New Hampshire’s mechanic’s lien statute is such a law. .”

Lien 40

Lien Bankruptcy New Hampshire Claims 40