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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. The below documents are necessary for the purchase of property: 1. Every construction work begins with legal approval. Land Property Documents.

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What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. Project loss insurance coverage. How project loss insurance works. How much does project loss insurance cost?

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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

To help your business remain viable, contractor’s insurance should be a crucial part of your financial strategy. Insurance also puts other parties’ minds at ease when they want to hire you as a specialty contractor. A certificate of insurance (COI) is a valid form used to prove that you carry the appropriate insurance policy.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

It ensures that the involved parties meet quality standards and maintain consistency and reliability of products and services. Avoiding Legal Issues Hiring clients hire a licensed contractor to save themselves from legal liabilities and low-quality work. So, suppose the business hires an unlicensed and non-compliant contractor.

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What Should You Do When There is an Accident at Your Construction Site?

Best Practices Construction Law

This should include identifying chain of command for notice purposes, identifying internal investigation team members, identifying who will be a company spokesperson, and identifying your risk management team (insurance and legal). Manage the accident documents. Act diligently when an accident occurs. Understand privileges.

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7 Ways to Improve Construction Site Safety

Levelset

Unsafe practices on the site could lead to construction delays , legal fees to defend violations , and breach of contract if safety issues are non-compliant with contract terms. . Modern tools of the trade can help productivity and reduce body strain that can lead to musculoskeletal injuries. Document & track safety incidents.

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