Remove Consulting Remove Lien Remove Negotiation Remove Risk
article thumbnail

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

It gives the assignee authority to file and negotiate a claim directly with the insurance company, without involvement from the property owner. The contractor, now the assignee, negotiates the claim directly with the insurance company. AOBs and mechanics liens. What is an assignment of benefits? Setting up an AOB.

article thumbnail

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

Levelset

Knowing what to expect from insurers gives you some leverage as a contractor, and can help you protect your business against financial risk on restoration projects. But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. Is restoration work covered by the policy?

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Levelset

Knowing what to expect from insurers gives you some leverage as a contractor, and can help you protect your business against financial risk on restoration projects. . But for many types of work, restoration contractors have the right to file a lien on their property if they fail to pay. . Is restoration work covered by the policy?

article thumbnail

constructionattorneyblog: Risks in LEED design

Construction Lawyer

You should consult an attorney licensed in your jurisdiction before using any of the information contained at this site. In other words, you use the stuff we post here at your own risk. Risks in LEED design. There is an interesting discussion of some issues and risks to design professionals involving LEED projects at [link].

Risk 40
article thumbnail

Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts

Construction Law Monitor

A liquidating agreement clause can act like a lien, in that it gives causes of action to the subcontractor against the owner where there is no privy of contract. Always consult with an attorney before negotiating contracts in the construction industry no matter how large or small the project. Click here for Daniel S.

article thumbnail

Contracts: What to Look Out for

Help Everybody Everyday

Should any questions arise during contract negotiations, consult with an attorney knowledgeable in construction law to assure that your rights are protected. He specializes in mechanic’s liens, contract review and consulting, occupational safety issues (VOSH and OSHA), and risk management for construction professionals.

article thumbnail

Unique Tips To Reduce Construction Company Start Up Stress

Contractor Bookkeeping

Consult with a construction attorney and follow their advice. With labor Pools they take care of all of that and you pay a fixed cost per hour or whatever you negotiate with the service. You close your and sign the contract because you don''t want to ask for changes in the terms or consult your construction attorney.