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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. ” Thus far New Hampshire has enacted no such protective law for homeowners. (A

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

Like many states, New Hampshire law requires that if a subcontractor doesn’t pay wages to its employees, the general contractor must pay them. any principal of the sub signing the lien waiver may also be liable to the general. RSA 275:46. If the sub falsely swears (it happens!),

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#83:  The Impact of Bankruptcy on Perfecting a Mechanic's Lien

NH Construction Law

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. Suppose the owner files for bankruptcy protection before that step is taken. 481 (1987).

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#121:  Owners' Duties to Withhold Money for Subcontractors

NH Construction Law

In New Hampshire, an owner generally owes no duty to subcontractors to see that they get paid. 6, 2023), decided by New Hampshire’s bankruptcy court. Accordingly, MacMillin’s later-recorded lien was held to have priority over the mortgage. And this month, a court has finally agreed.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Eligible 504 loan uses include the purchase of land, existing buildings, new construction and the acquisition of machinery and equipment with a 10-year useful life. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. NEW HAMPSHIRE.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The average wage of the new jobs must equal or exceed 90% of the county average wage (as published by DED), and the company must offer health insurance and pay at least 50% of the premium for all full time employees in MO. NEW HAMPSHIRE – updated for 2014. The center also works closely with the U.S.

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