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Broad Form Lien Waivers No Longer Part of the Game in North Carolina

Best Practices Construction Law

And if you are a contractor or subcontractor in North Carolina, the law makers recently afforded you some additional protections to your lien rights. The law, effective March 1, 2022, states that a similar advanced or broad lien waiver as part of a progress payment is also not enforceable.

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Texas Homestead Lien Rules & Requirements

Levelset

Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.

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Virginia Joins 11 Other States Prohibiting Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

Let’s cut to the chase—Virginia has joined 11 other states that have expressly prohibited “pay if paid” clauses in construction contracts. Many require more than just “pay-if-paid” language in the parties’ contract. If you have construction projects in Virginia, then read on. What’s the difference? What does the Virginia law say?

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7 Things Contractors Need to Know About Retainage

Fieldwire

It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. So on a $100,000 contract with 10% retainage, the contractor doesn’t have to fork over ten grand at the beginning. Instead, the contractor will deduct the retainage from each payment application.

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The Bird Box Dilemma: When False Pay Apps and Lien Waivers Are Not Fraudulent Inducement

Best Practices Construction Law

As a construction litigation attorney, the “claim” is often about telling the story of a breach of contract, or failed expectations, or unforeseen delays, all through the testimony of individuals or the introduction of documents. certifications and/or lien waivers) to the prime contractors to obtain payment. Mass) (Dec.

Lien 71
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Transparency in Contract Revisions

Mr Ethics

Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. Therefore, I do not think you have acted improperly in not pointing out where you have changed the agreement. Regards, Mr. Ethics

Contract 100
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Transparency in Contract Revisions

Mr Ethics

Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. Therefore, I do not think you have acted improperly in not pointing out where you have changed the agreement. Regards, Mr. Ethics'

Contract 100