Best Practices Construction Law

SEPTEMBER 25, 2020

The owner-contractor agreement contains a “no damages for delay” clause; a clause requiring that all changes be in writing before work is performed; and a clause requiring partial lien waivers and releases with each periodic payment. Lend Lease Construction (Sept. It happens all the time! 1, 2020) (PDF).

Compensation 97

Compensation Lien Claims North Carolina 97

Green Building Law Update

JUNE 7, 2020

Ground Leases. The General Assembly passed several bills relating to ground leases during the 2020 legislative session. The redemption or extinguishment of the ground rent is effective to conclusively vest a fee simple title in the ground lease tenant when the ground lease tenant records the certificate in the county land records.

Maryland 227

Maryland Leases Housing Commissioning 227

Buisness Facilities Contributed Content

MARCH 8, 2016

Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. An income tax credit for installing a biomass, geothermal, solar or wind energy device in a building or on property owned or leased in North Dakota. The credit is equal to 10% of the compensation paid to an intern.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. A project located on property leased from a government entity qualifies for an exemption for up to five additional years upon annual application by the project operator. Land does not qualify for an exemption.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. A business that applies for the exemption must enter into an agreement with the Governor of Alabama. Terms for both are normally 10-20 years and can finance up to 100% of the project costs.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.

Income 75

Income Finance Zoning Equipment 75