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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. It is worth the effort to seek legal advice from an attorney in your jurisdiction about these issues prior to drafting and executing contracts with other parties.

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Economic Loss Doctrine bars Nevada claims against Architect

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Economic Loss Doctrine bars Nevada claims against Architect.

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

Best Practices Construction Law

One of the best I have found was created by Levelset, which has a 50-State-Guide on pay-if-paid clauses. According to Levelset, the following states have prohibited pay-if-paid clauses: California. North Carolina. South Carolina. You can now add Virginia to that list! this is the “pay if paid” prohibition); and.

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses

Best Practices Construction Law

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. Other jurisdictions, such as California, New York and Nevada , have expressly ruled that the “pay as paid” clauses are unenforceable as a violation of state public policy.

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Contractor License Bonds: Everything You Need to Know

Levelset

Well, every state sets its own rules for contractor licensing, and contractors often must purchase a surety bond in order to legally practice their trade. A contractor bond is a three-party agreement. In Nevada, contractors of all trades are required to hold a bond. What does that mean?

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. All references to "Sabo & Zahn" refer to Sabo & Zahn LLC.

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constructionattorneyblog: Summary Judgment in Arbitration Upheld

Construction Lawyer

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. All references to "Sabo & Zahn" refer to Sabo & Zahn LLC.