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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

On projects like this, property owners typically count on an insurance claim to pay for the work – they may not have cash on hand to pay you out of pocket. Understanding a homeowner’s insurance policy – and what it covers – can be helpful when deciding to take on a project. Understanding homeowner insurance policies.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. The guidance describes it as, the property may only become subject to an enforceable claim (i.e.,

Finance 120
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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Despite the Coronavirus pandemic concern shortened session, the legislature acted on 1,664 House bills and 12 resolutions and 1,081 Senate bills and 6 resolutions with 667 bills passing both chambers before they adjourned sine die on March 18, 2020. House Bill 1077 (Ch. Senate Bill 170/House Bill 241 (Chs. House Bill 149 (Ch.

Maryland 227
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Construction Site Theft: Impact and Prevention

Levelset

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Luckily, there are insurance policies that will replace the cost of the stolen goods, such as builders risk insurance. Insurance claims. In some cases, it can be as simple as sending someone to the supply house.

Site 52
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Direct Contractors In California Should Take Steps Now To Reduce Exposure For Unpaid Wages By Subcontractors

Construction and Infrastructure Law

Nevertheless, critics of the bill anticipate that it will ultimately increase building costs, and will only exacerbate the current shortage of affordable housing in California. The bill also precludes recovery of liquidated damages or penalties. creating systems and protocols to confirm timely payment of wages to subcontractors’ workers.

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Construction Legislation Now Pending in Washington

Construction Law Monitor

Athletic Field construction lien case. Here is a summary of some of the other pending legislation: House Bill 1531 (Adjusting the minimum wage rate based on changes in consumer pricing). House Bill 1532 (Creating a good faith defense for certain minimum wage and overtime compensation complaints). Introduced by Rep.