Documentation Legal Lien Security 
Levelset
MARCH 30, 2022
Mechanics liens are among the most powerful tools for contractors to ensure they get paid what they’ve earned on a construction project. In Texas, contractors must send multiple notices and meet strict deadlines to preserve their right to a lien if they need to file one. Rules & requirements for a homestead lien.
Construction Marketing
JULY 11, 2022
Surety bonds are financial guarantees that are issued to ensure the individual or company who obtains the bond will perform work in a legally compliant manner and will avoid fraud and misconduct. Surety – The bonding company that guarantees the principal’s ethical operations and legal compliance by issuing the bond.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Levelset
JUNE 3, 2022
Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. However, contractors have to follow certain steps in order to keep their payment rights secure on public works projects.
Levelset
MAY 11, 2022
Generally, companies aren’t able to file mechanics liens on public projects unlike with private projects, as the federal government — and many states — prohibit private entities from claiming an interest in public property. The responsibility of doing so falls on the claimant, making proper documentation especially important.
NH Construction Law
FEBRUARY 25, 2023
Banks insist on this as a way to ensure that the mortgages securing their construction loans are supported by enough value on the ground to collateralize repayment. If the Seymour case shuts out a claim against the bank, do owner/borrowers have a legal claim against the inspector, with whom they have no contract? Very round.
Autodesk Construction Cloud
NOVEMBER 15, 2021
In reality, it’s often a monster document packed full of legalese that can be difficult to understand. The difference between secured and unsecured debts. It doesn’t have to be this monster document that you just have to hold your nose and sign, then hope for the best.”. Best practices for handling change orders.
Construction Cost Estimating
NOVEMBER 8, 2013
With Textura—CPM both General Contractors and Subcontractors can get the ability to make an online entry for invoices as well as online submission of waivers and compliance documents at a quickest possible time. Thus the system makes a significant time savings for the contractors.
Expert insights. Personalized for you.
52 
Let's personalize your content