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Texas ‘Retainage’ vs. ‘Reserved Funds’: What’s the Difference & Why it Matters

Levelset

Texas lien law: ‘Retainage’ or ‘reserved funds’? In 2021, Texas enacted some sweeping changes to the mechanics lien process effective on projects where the original contract was entered into on or after January 1, 2022. Lien for unpaid retainage. Deadline to file a lien on unpaid retainage.

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How to Get Paid on New Jersey Public Projects

Levelset

A large amount of that funding is going to go directly to individual states, and with the state adopting new laws in 2021 that reconfigure the bidding process — along with adding the “design-build” option to the public construction process — there are plenty of opportunities for contractors across New Jersey.

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How to Get Paid on Florida Public Projects

Levelset

For the most part, contractors aren’t able to file mechanics liens on public projects, unlike with private projects. Rather than filing mechanics liens, public construction projects are required to secure a payment bond prior to work beginning. Florida bond claims. Learn more. Protect your payment rights on every public project.

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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

And arguably the new laws that were enacted were dwarfed, at least in the short and mid term by the impact on real estate of the federal Coronavirus Aid, Relief, and Economic Security Act , the Maryland Governor’s Executive Orders related to COVID-19 , and the COVID-19 Administrative Orders of the Maryland Court of Appeals.

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