NH Construction Law
MARCH 28, 2024
It is generally recognized by New Hampshire courts that “[f]ailure to comply with the specific statutory provisions of perfecting a mechanics lien is usually fatal,” Alex Builders & Sons, Inc. 536, 537 (1898), and owners need to know the amount of those claims in order to do so intelligently. Danley , 161 N.H.
Levelset
JUNE 16, 2022
When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.
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Levelset
SEPTEMBER 23, 2022
If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. However, the types of policies and their limits (the maximum amount claims can pay out) are limited. General liability insurance. Subcontractor default insurance.
Construction Marketing
JULY 11, 2022
The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Surety bonds do not protect you against liability. If a bond claim is filed because of your legal or ethical violations, you will be liable for paying the surety up to the maximum bond amount.
Green Building Law Update
JULY 24, 2016
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.
Construction Law Monitor
JULY 20, 2011
There is likely no answer for you under the lien law – unless you filed a notice of lease agreement with the owner within the appropriate time frame. You just hit your first snag with payment. What do you do? Chances are you are stuck in rough spot and have to defer to your contract for remedy.
Green Building Law Update
JULY 19, 2015
In January 2007, Southern Builders, the general contractor, commenced a mechanics lien action in the Circuit Court. Despite that relatively simple procedural history, much has been written about the case, largely overstating an allegation in the counterclaim that claimed, “10.
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