Levelset

MARCH 31, 2022

In turn, the owner is relying on the insurance company to pay their claim. After all, the faster the insurance company pays the owner, the quicker you can get paid ! Dig deeper: What contractors need to know about the insurance claims process. You may feel the urge to step in and help with the adjuster.

Insurance 93

Insurance Deals Contractors Claims 93

Levelset

APRIL 15, 2022

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs.

Insurance 52

Insurance Contractors Lien Claims 52

Green Building Law Update

JULY 24, 2016

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

Finance 120

Finance Lien Residential Commercial 120

Help Everybody Everyday

MARCH 6, 2009

Deal Breakers. Attempts to make you indemnify the entire project or insure the upstream party for its own acts. “No damages for delay” clauses that remove your ability to claim actual damages for delay beyond your control and imposed by an upstream party. Final payment as a waiver of all claims.

Contract 48

Contract Claims Legal Lien 48

Construction Law Monitor

NOVEMBER 2, 2011

A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. Very important risk-shifiting devices – can determine a win or loss regarding a claim. Insurance can be purchased by prime or sub to cover the indemnity obligation. Lien Waivers. Indemnity Clauses.

Contract 56

Contract Change Orders Lien Contractors 56

Construction Lawyer

APRIL 14, 2012

2012), dealing with the recovery of extras.  The   The complaint included counts for breach of contract, but also quasi-contractual claims:  quantum meruit and unjust enrichment, respectively.  ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens.

Illinois 40

Illinois AIA Chicago Legal 40

Construction Lawyer

JULY 22, 2005

« Watch for Bank Shield Laws in Dealing with Lenders | Main. Any Claim arising out of or related to the Contract, except Claims relating to aesthetic effect. This provision would seem to render the entire case moot if the architect made a decision on the claim. mechanics liens. Subscribe to this blogs feed.

AIA 40

AIA Illinois South Dakota Chicago 40