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.
Green Building Law Update
JULY 24, 2016
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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Construction Law Monitor
OCTOBER 30, 2013
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. It is always smart to properly form an entity such as and Limited Liability Company (LLC) to protect personal assets.
Best Practices Construction Law
DECEMBER 26, 2019
During strong economic times, I have a lot more contract drafting and project administration work. During hard economic times, I have a lot more construction litigation and mechanic’s liens. As a construction attorney for over twenty years, I have realized that the industry is always in a state of flux.
Construction Marketing Ideas
MARCH 12, 2016
In North Carolina, that means filing a Notice to Lien Agent as your work begins, informing suppliers of the identity of the lien agent, guarding against double payment liability through the Notice of Contract procedure, and enforcing your lien rights timely, when necessary. Safety first, every day.
Construction and Infrastructure Law
FEBRUARY 6, 2018
AB 1701 “does not prohibit a direct contractor or subcontractor at any tier from establishing by contract or enforcing any otherwise lawful remedies against a subcontractor it hires for liability created…” Accordingly, direct contractors across California should take a closer look at the terms of their agreements with subcontractors.
Autodesk Construction Cloud
NOVEMBER 15, 2021
Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities. The shifting of risk and liabilities is a very common practice when drafting contracts. No one does that.
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