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#134:  30-Day Accountings for Subcontractor/Supplier Mechanic’s Liens

NH Construction Law

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. 19, 23 (2010). Danley , 161 N.H. Bostwick , 69 N.H. But rarely are such amounts updated in 30-day intervals.

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Bizarre Lien Foreclosure Case May Have Far-Reaching Effects in Washington

Construction Law Monitor

may have far-reaching consequences for claimants, property owners and construction attorneys foreclosing mechanic liens. The decision is discussed in substantial detail on my other blog that focuses on mechanic lien laws, the Construction Lien Blog (published by Zlien ). Harold Johnson, et al. Coast Elect. Division I.

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Be Ready to Lien in 2009 (But be Careful)

Help Everybody Everyday

2009 is likely to be a year in which many construction liens are filed. As all of us in construction know, and as reported in the AGC Smart Brief , the beginning of 2009 and through 2010 will likely show an even greater downturn in the commercial and residential markets. Kaled Naser, et. CL07-5431 (Va. Kaled Naser, et. CL07-5431 (Va.

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What is PACE Financing and Is It Doomed?

Construction Law Monitor

This progress came to an abrupt halt in June 2010, when the Federal Housing Financing Authority (FHFA) dropped this news : Properties with PACE loans cannot be purchased by mortgage giants Fannie Mae and Freddie Mac. One such bill is the PACE Assessment Protection Act of 2010. Stay tuned. Related articles by Zemanta.

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2011 Construction Law Update Is Available

Best Practices Construction Law

2010), the Court reaffirmed that claims for breach of contract and quantum meruit are mutually exclusive and a quantum meruit claim is permitted only if the contract is unenforceable. Moreover, the mortgage holder has no affirmative duty to inquire about whether the mechanic’s lien claimant has been paid in full. 2d 119, 243 P.3d

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A New Lease on Life or a Nail in the Coffin? Notice and Comment Period on PACE Opens

Green Building Law Blog

As discussed in earlier posts , in the summer of 2010 the Federal Housing Finance Agency put the brakes on PACE programs. The PACE loans are generally repaid as a property tax line item. PACE programs were initially very popular, and more than 25 states passed PACE-enabling legislation. The wording of the proposed rule is interesting.

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Even After Installing Extra Insulation, the FHFA Proposed Rule on PACE Leaves Homeowners Out in the Cold

Green Building Law Blog

PACE became a controversial issue in 2010, when the Federal Home Finance Authority (FHFA), the regulator of Freddie Mac and Fannie Mae, issued an order prohibiting Freddie Mac and Fannie Mae from purchasing mortgages with PACE assessments on them. FHFA proposed a rule on PACE financing on June 15, and is available for download here.

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