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

Levelset

The lender’s responsibility is to ensure: The construction loan is always in good standing The money that hasn’t been spent is still enough to finish the upgrades Draw disbursements are only released for work that has been completed. Learn more: The construction loan draw process explained. Failing to protect lien rights.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

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.

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Construction Forms for excel

Construction Cost Estimating

Office Forms for Construction : Transmittal, Submittal Log, Minutes of Meeting, FAX Cover, FAX Log, Memo, Memo - Log, Phone Log, Phone Conversation Record, Insurance Verification Log, Petty Cash, Project Payment Summary, RFI - Request for Info, RFI Request for Info Log, Financial Statement, Bar Schedule, Insurance Specifications, Request for Substitution, (..)

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The Ultimate Construction Glossary for 2024: Essential Terms and Definitions

Building Radar

In this article, we will explore key terms such as sustainable construction, turnkey projects, and as-built drawings, with helpful links that provide in-depth insights. What are ‘As-Built Drawings’? As-built drawings are indispensable for facility management, maintenance, and any subsequent renovations.

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constructionattorneyblog: Posting Architectural Elevations on a.

Construction Lawyer

  The trial court had determined that the plaintiff’s architectural drawings were not detailed enough to construct the building, meaning that the drawings were not protected. The plaintiff, Scholz Design had prepared technical drawings for three homes and registered the designs with the Copyright office in 1988 and 1989.