article thumbnail

Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. Sale Agreement. Only after the sale agreement can we tell the sale of custody becomes finished.

Legal 52
article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management. The errors and poor processes result in change orders, project delays, and legal disputes.

Schedule 163
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Advise & Consult: Serious, expert legal insights for the construction industry

Construction Marketing Ideas

This blog, created by a business that provides expert legal witnesses, needs to be written at the level that you would find value if you were a serious lawyer or litigant in a significant construction dispute. I’m not a lawyer, of course, and wouldn’t think of providing specific legal advice to anyone reading this blog.

Legal 48
article thumbnail

Difference Between Tort and Contract | What Is Tort |  What Is Contract | What Is Contract Law | What Is Tort Law

CivilJungle

A tort , in common law jurisdiction, could be a tort (other than a breach of contract) that causes an applicant to suffer loss or hurt, leading to legal liability for the one that commits the act. A tort is a wrong act which requires legal action. It enforced that party who got affected to go for legal action. What Is Tort?

article thumbnail

Selling Your Home Building Company? Here's What to Expect

Pro Builder

Each community and asset in your portfolio requires diligence, legal paperwork, and closing documents. After potential buyers sign nondisclosure agreements, your advisor will distribute your offering documents, coordinate calls with your ownership team, arrange site visits, manage the bidding process, and collect bids.

Deals 52
article thumbnail

7 Things Contractors Need to Know About Retainage

Fieldwire

It is governed by the contract, which means it’s part of the agreement between two parties. There is not a universal definition of “substantial completion,” and some contracts define it in vague terms that leave a lot of interpretation. Retainage is up for negotiation Retainage is not set in stone. Retainage is no different.

article thumbnail

FTC Settles Charges Over Deceptive Zero VOC Claims

Green Building Law Update

The proposed orders’ definition of “trace level of emissions,” which track the Green Guides ,’ “trace amount” test, requires, in part, that emission at that level does not cause material harm that consumers typically associate with emission from the covered product, including harm to the environment or human health. and ICP Construction Inc.

Claims 176