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

Levelset

When a property owner files an insurance claim to cover a restoration or roofing project, the owner typically deals directly with the insurance company. They may not have the funds available to pay the contractor out of pocket, so they’re counting on that insurance check to cover the construction costs. Setting up an AOB.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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Louisiana Home Improvement Contractors License Requirements

Construction Law Monitor

The contractor who is applying for the Home Improvement license needs to provide general liability insurance and show that the contractor or the registering entity is registered with the Louisiana Department of Revenue. Other helpful documents include demand letters, lien waivers and filing of liens when payment is not received.

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Direct Contractors In California Should Take Steps Now To Reduce Exposure For Unpaid Wages By Subcontractors

Construction and Infrastructure Law

Employers should ensure that workers provided by staffing firms are paid correctly and covered by workers’ compensation insurance, and should also carefully examine and draft indemnification agreements with staffing firms. Section 2810.3

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constructionattorneyblog: AIA plans change to Statute of Limitations.

Construction Lawyer

For a number of months, draft versions have been distributed to various groups for comment. With the latest draft of A201, this provision is completely removed, making this decidedly unfriendly for contractors. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Buy hydrocodone.

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constructionattorneyblog: New AIA documents and Arbitration

Construction Lawyer

If they just read the articles that claim that litigation is the automatic "default," they may not even look at this provision when drafting the documents if they actually want to have litigation as the real default. ILLINOIS APPELLATE COURT DEEMS MECHANICS LIEN COUNTERCLAIM UNTIMELY. mechanics liens. Categories.

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constructionattorneyblog: Mold White Paper Issued

Construction Lawyer

The Commercial/Multifamily Mold Working Group is made up of MBA members who are industry experts in commercial real estate finance, property inspections and insurance. " The Commercial/Multifamily Mold Working Group took careful steps to fully research, draft and finalize this paper. mechanics liens. Categories. litigation.