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.
NH Construction Law
FEBRUARY 25, 2023
A common feature of residential construction loans is the requirement for periodic inspections of the progress of work, usually by an independent inspection company hired by the bank, before disbursements are made. Residential owners are usually on the short end here. Very round.
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Construction Law Monitor
OCTOBER 30, 2013
Contractors can find out information on commercial, residential, home improvement and mold remediation. This application is less formal than the Residential Contractor license application. Of course other contractors who have a better license do not need this one, such as commercial and residential contractors. Related articles.
Levelset
JUNE 27, 2022
Securing mechanics lien rights isn’t just as simple as filing a document — it’s a process. Illinois in particular handles the amounts a subcontractor can file a lien for very differently than most other states. Each state has varying degrees of rules and requirements that must be met.
Construction Law Monitor
MARCH 6, 2012
Finally the owner needs a copy of the contract documents before any work can start. Residential contractors need to be registered with the SLBC. See La R.S. for complete list. This seems like a very commonsensical list, but you will be surprise how many parties get this wrong and/or miss out on critical elements. See La R.S.
Levelset
OCTOBER 19, 2022
The initial charges for a single-close loan are the same as those for any construction or residential loan. Contractors need to pay close attention to detail in their project documentation and draw requests. Improper project documentation or budgeting. Failing to protect lien rights. What are the upfront costs?
Green Building Law Update
JUNE 25, 2017
In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.
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