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Legalized Marijuana: Opportunities and Impact for Commercial Real Estate and Construction

HardHatChat

A version of this post was published in Illinois Real Estate Journal as a byline article from Englewood Construction. Earlier this summer, Englewood Construction’s home state of Illinois passed a bill making it the 11 th state in the U.S. to legalize the use of recreational marijuana. Think Nationally, Build Locally.

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Cannabis Retail Construction: How to Navigate the Green Rush

HardHatChat

Between 2018 and 2022, Englewood’s national construction work in the cannabis retail industry grew by 100% and we expect that trajectory to continue as more states legalize recreational marijuana use and cannabis firms expand into new markets.

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Legal terms explained: Retention

Construction Law

In a construction context, retention typically refers to money that the employer deducts and retains from interim payments due to the contractor as security for the proper completion of the works and/or the rectification of any defects or other non-compliant work.

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On the rise: Securing entrance ways with retrofits

Construction Specifier

By Greg Schreiber Physical security retrofit is not as simple as it used to be. With today’s health compliance mandates and growing social upheaval, physical security upgrades must transcend previous technologies which only focused on minimizing organizational risks in corporate office buildings. Photos courtesy Boon Edam.

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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. Suffolk Construction Co. , Suffolk Construction Co. , Not unless he is prepared to pay twice! Reading Cooperative Bank v.

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Construction Law: May 2024

Construction Law

News Our regular news round up includes a survey saying collaboration is on the rise; Network Rail promises a partnering approach in its new framework; and a warning that carbon reduction policy risks legal challenge. Legal terms explained Isabella Salame of Herbert Smith Freehills LLP explains what is meant by non-delegable duties.

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Legal Documents Required for Purchase of Property

CivilJungle

Legal Documents Required for Purchase of Property. But we must avoid the problem and legal situation by checking the documents required for buying property. Every construction work begins with legal approval. The actual owner of land legally sets people by way of every power of attorney. Commencement Certificate.