This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?
The Construction Lien Blog (published by me!) yesterday posted a neat infographic focused on the mechanics lien. There are lots of infographics out there, but very few focused on legal issues. The infographic was inspired by awesome infographics used in other industries. Here it is:
Sometimes the best blog posts and legal articles are the simplest. Take, for example, a post from early October by Joshua Glazov on his Construction Law Today blog , where he simply cites a 1941 quote from US Supreme Court Justice Robert Jackson : The legal profession, like many another, tends to become over-professionalized.
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.
Liens Can Wreak Havoc on Funding. On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of problems have always existed in the Construction industry, but in this economy the problems are far worse than ever before.
Next up is The Lien Zone Podcast. Hosted by seasoned construction lawyer Alex Barthet, who is based in Florida, The Lien Zone Podcast is another one of our longest tenured shows to join our yearly competition. The Lien Zone podcasts have now become a standard part of our firm’s outreach and it has produced impressive results.
In a recent case, Wollaston Industries v. certifications and/or lien waivers) to the prime contractors to obtain payment. But the real lesson for contractors is to make sure the payment provisions expressly address the use of conditional and unconditional lien waivers. Ciccone d/b/a Ciccone Door Services, (U.S.D.C. Mass) (Dec.
The new statute, signed into in May 2018, immediately created a cause of action providing for remedies for the successful challenge of the validity of a lien against a property. 4) Any actual damages incurred by the owner. 4) Any actual damages incurred by the owner.
Construction law is a complex field that intersects with various other industries and legal fields, one being the maritime industry. In this blog post, we will explore the intricate relationship between these two legal realms by diving into a primer on maritime liens.
Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone were back and all had strong showings in the voting round. Eddie and Tyler currently run a Building Information Modeling (BIM) company called ABSI and bring their rich industry knowledge and friendly personalities to the show each week. . #3:
There isn’t a topic that doesn’t have its own podcast and that includes the construction industry. All those noises can stand in a way of this great source of industry information and interesting stories. So without further a due, here are in our opinion, the 40 best construction industry podcasts we have handpicked for you: 1.
Former winners CONEXPO-CON/AGG Radio, The ConTechCrew, and The Lien Zone are back, as well as a many other podcasts that are new to the competition. Given her active industry experience, Missy is bringing a “boots on-the-ground” perspective to the show and interviewing many of the leaders in earthwork and construction technology.
That fixture filing is in most states a lien or encumbrance against the system. Maybe not surprisingly, this dark underbelly of the solar industry is not only a residential problem. There can be real legal jeopardy and significant dollar liability for the seller and buyer, failing to address the issues associated with solar power.
The Cobb Law Group’s Georgia Construction, Bond and Lien Law Blo g provides practical information for contractors doing business in Georgia. The Cobb Law Group’s Georgia Construction, Bond & Lien Law Blog clearly states its focus in its title. Email (texting too) is a blessing and a curse in the construction industry.
Construction is one of the hardest industries to manage cash flow in, with contractors often facing large up-front costs and frequent, long delays between expenses and payment. The industry’s retainage practices throw another wrinkle into the process. Mechanics lien laws have specific deadlines that contractors must follow.
While problems with slow payments reverberate throughout the construction industry, the truth is that some companies, roles, and project types are much more likely to get paid on time than others. Public projects often have complex payment chains, bond requirements, legal challenges, and government funding. Learn more.
In the construction industry, the term “substantial completion” plays a crucial role in defining when a project is considered complete from a legal and practical standpoint. It often triggers various contractual and legal obligations, such as final payments and the start of warranties.
In today’s fast-paced construction industry, it’s rare to find partnerships that transcend the transactional. Expert Support in Complex Areas From the outset, Levelset recognized the complexity of Kodiak’s operations, spanning multiple states with different lien requirements.
-->. The construction industry, just as any other industry has its own terminology or lingo. There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Although the names are similar the legal implications are significantly different.
Everyone in the construction industry has trouble getting paid at some point. In fact, when Construction Week Online conducted a poll inquiring who in the industry had payment problems , it found that a whopping 0% – that’s right, zero percent – reported they were always “paid in full and on time.”
Paired with razor-thin profit margins, it’s increasingly difficult for construction firms to build and maintain the financial foundation necessary to compete and thrive in the industry. Industry research supports these sentiments. When we join forces with Payapps, we will aim to transform how construction payments are managed.
The construction industry, just as any other industry has its own terminology or lingo. There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Although the names are similar the legal implications are significantly different.
Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. Learn more: The Ultimate Guide to Retainage in the Construction Industry. Washington State retainage laws.
Textura Corporation, the most recognized collaboration solutions provider for the construction industry, just introduced Textura-CPM, the powerful construction payment management system, for developing the payment process for effective construction management.
Unlike industry behemoths, smaller players can move faster and be more nimble because there’s not a lot of corporate red tape. . If you’re an SMB in the construction industry, you’ve likely built a strong reputation that helps you win new and repeat business. . Unfortunately, the industry is struggling to accomplish this. .
The construction industry is constantly evolving, with new technologies and methodologies emerging each year. This glossary is an invaluable resource for anyone looking to enhance their construction vocabulary and gain deeper insights into the industry. Learn more about how sustainable construction is transforming the industry here.
In the construction industry, where credit is an integral part of companies’ processes , credit teams have to assess the creditworthiness of their customers individually, and it’s neither a straightforward nor simple process. Common credit issues for those in the construction industry. Take advantage of everything on the credit report.
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Sabo & Zahn LLC is an Illinois Limited Liability Company.
Joint check agreements are very popular in the construction industry. In fact, many folks mistakenly believe that joint check agreements are exclusively a construction industry instrument. This leaves the parties subjected to a difficult legal gray area. Should You Sign That Lien Waiver? Yet, it is the rule.
The story is simple, but incredibly significant, citing a legal case: Goodrich Quality Theaters, Inc. This cascade of events led to non payments, and both the steel sub and the HVAC sub filed mechanic’s liens against the project. At this point, it becomes more likely a dispute will emerge that will require a legal solution.
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Sabo & Zahn LLC is an Illinois Limited Liability Company.
Construction is a risky business, with among the highest rates of failure of any industry. In addition, SubGuard does not provide protection against mechanics liens from unpaid second-tier subs and suppliers. On-demand legal help you can afford. SDI is offered as an alternative to performance bonds. Learn more.
A contract should really be a tool to help everyone in the construction industry; it doesn’t have to be this monster document that you just hold your nose, sign, and hope for the best.” Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Make sense of your contracts.
Industry research shows that the US electrical industry has more than 1 million employees working for 200,000 businesses — and annual revenue exceeding $200 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. On-demand legal help you can afford. Learn more.
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.
Industry research reveals that the US painting industry includes over 255,000 businesses with total annual revenues exceeding $35 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. On-demand legal help you can afford. Learn more. Become a more durable leader.
Industry research shows that the US plumbing industry includes over 130,00 businesses (and more than 500,000 employees) with total annual revenues exceeding $130 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. On-demand legal help you can afford.
Industry research notes that the US roofing industry consists of more than 80,000 businesses employing 250,000 people — and annual industry revenues exceed $50 billion. Establishing a business legally is a straightforward process, and creating a plan for growth is exciting. On-demand legal help you can afford.
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.
Industries that qualify for the CAPCO program may include manufacturing, processing, or assembling products; conducting research and development; or providing services. ALABAMA INDUSTRIAL ACCESS ROAD & BRIDGE PROGRAM: Provides financial assistance to communities for industrial access to new and expanding industries.
Podcasts are now an essential medium for sharing information, and experts across the construction industry share their wisdom every day with listeners interested in growing a construction business, learning about the latest construction trends and technology, and building their understanding of construction law and finance. Kid Contractor.
General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. This organization is good for all construction and related industries. And spend time learning about Networking For Contractors.
General Liability and Auto/rental equipment insurance can help protect you and your company against claims for personal injury and property damage, and may provide you with legal defense of those claims. This organization is good for all construction and related industries. And spend time learning about Networking For Contractors.
We organize all of the trending information in your field so you don't have to. Join 116,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content