Agreement Documentation Lien Risk 
Levelset
OCTOBER 19, 2022
However, before starting work on a building financed with a construction-to-permanent loan, both property owners and contractors need to understand the risks. Contractor risks with a construction-to-permanent loan. There are common risks that are prevalent in every construction loan program. Budgeting problems.
Levelset
FEBRUARY 10, 2022
Deep dive – Scope of Work: 6 Things Every Construction Agreement Should Include. Architects generally refer to preconstruction simply as “design,” and break the process down into five steps: Schematic design Design development Construction documents Bidding/procurement Construction administration. Construction documents.
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Construction Marketing
JULY 11, 2022
If the principal’s bond application is approved, the surety company will require the principal to sign an indemnity agreement before it will issue the bond. The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Sign the indemnity agreement.
Construction Lawyer
MARCH 13, 2012
His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. You are not our client and we are not your attorneys unless and until you enter into a written retainer agreement with us. In other words, you use the stuff we post here at your own risk. illinois supplier denied mechanics lien.
NH Construction Law
FEBRUARY 25, 2023
Except in the rare case where the contractor has agreed to abide by the bank inspector’s assessment of amounts earned, this puts the owner at risk of having the contractor suspend or even abandon work if the amount of the underpayment is substantial. Residential owners are usually on the short end here. Very round.
Construction Law Monitor
MAY 15, 2014
There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Construction change orders are some of the most litigated and disputed documents in all of construction law. Lastly, its a directive given by the owner when time and/or cost are not in agreement.
Construction Law Monitor
MAY 14, 2014
There are many examples such as “punch-list,” “lien” and “substantial completion” to name a few. Construction change orders are some of the most litigated and disputed documents in all of construction law. Lastly, its a directive given by the owner when time and/or cost are not in agreement.
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