Remove Banking Remove Education Remove Information Remove Lien
article thumbnail

Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Peterson , a construction finance educator and author, “The retention in the retention receivable account is not collectible yet because the contractor has not earned the right to receive it.” Debit Credit Bank or cash $90,000 Retention receivable $90,000. Debit Credit Bank or cash $10,000 Retention receivable $10,000.

article thumbnail

constructionattorneyblog: Subcontractor's Mechanics lien allowed.

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Subcontractors Mechanics lien allowed where bank seized generals funds.

Lien 40
professionals

Sign Up for our Newsletter

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

article thumbnail

Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Idle Equipment not entitled to Lien in Missouri. mechanics liens. Categories.

Lien 40
article thumbnail

constructionattorneyblog: ILLINOIS APPELLATE COURT DEEMS.

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY.

article thumbnail

constructionattorneyblog: Waivers of liens: fraud

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Waivers of liens: fraud. mechanics liens. Add me to your TypePad People list.

Lien 40
article thumbnail

Watch for Bank Shield Laws in Dealing with Lenders

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. Watch for Bank Shield Laws in Dealing with Lenders.

Banking 40
article thumbnail

constructionattorneyblog: LEED project managment software

Construction Lawyer

The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. « Subcontractors Mechanics lien allowed where bank seized generals funds | Main.