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You Risk Paying Twice When Sub-Contractors Don’t Pay Their Bills

Wolgast Corporation

On top of that, that they expect you, the owner, to guarantee to the Bank and the Title Company that the project will be lien-free during construction. These types of requests are common place in today’s world when an owner finances the construction of a building.

Lien 116
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How COP27 Impacts Real Estate: Pricing Real Estate Climate Risk

Stok

REALISTICALLY PRICE TRANSITION RISK At the moment, capital for the climate transition domestically and in emerging economies is often costlier due to perceived risks in policy uncertainty, technological developments, and less data on rate of returns. Referenced with the EU Taxonomy , any building that is not in line with 1.5

Risk 52
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Gove leans on big investors behind Grenfell cladding firms

Construction Enquirer

Major shareholders Blackrock, Vanguard and Fidelity Management, as well as central bank of Norway, have received letters. But despite the fact that their products continue to put lives at risk, some cladding firms have no intention of doing what’s right and addressing their moral and financial obligations to innocent residents.

Legal 96
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Zero Waste in an Era of Net Zero Everything

Green Building Law Update

But regular readers of this blog will know that we believe any business claiming “zero” anything is indefensible, fraught with risk and likely to lead to litigation. a lot less than zero risk) as a level of exposure that would cause no more than 1 extra case of cancer in 100,000 people over a 70 year lifetime.

Claims 156
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Phases of Commercial Real Estate Development

Construction Marketing

Developers must understand the various financing options, such as traditional bank loans, private equity, and government programs. The success of a commercial real estate development project depends on many factors, including the ability to secure financing, navigate the legal process, and manage risks.

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Construction Law: December 2023

Construction Law

News Our regular news round up of construction law and procurement stories reports on two highly critical reports of government spending plans for schools and hospitals; and record fines being levied on a landlord and property management company for fire risks. Claims Building a case by extrapolation – should failure be the default?

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#122:  Construction Loan Disbursement Pitfalls

NH Construction Law

A common feature of residential construction loans is the requirement for periodic inspections of the progress of work, usually by an independent inspection company hired by the bank, before disbursements are made. New Hampshire Savings Bank , 131 N.H. ” And such a voluntary undertaking is exceedingly rare.

Banking 40