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#134:  30-Day Accountings for Subcontractor/Supplier Mechanic’s Liens

NH Construction Law

It is generally recognized by New Hampshire courts that “[f]ailure to comply with the specific statutory provisions of perfecting a mechanics lien is usually fatal,” Alex Builders & Sons, Inc. Danley , 161 N.H. 19, 23 (2010). Bostwick , 69 N.H. But rarely are such amounts updated in 30-day intervals.

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constructionattorneyblog: illinois supplier denied mechanics lien

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. illinois supplier denied mechanics lien. An Illinois appellate court has affirmed the trial court's summary judgment against a lumber company's mechanics lien. Hillside filed a counterclaim to foreclose its mechanics lien. mechanics liens.

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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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Unlimited liability for designers and contractors

Construction Lawyer

Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. The statute of repose (similar to a statute of limitations) expired by 1982, extinguishing any liability by Sverdrup. This effectively wiped out the existing statute of repose and revived Sverdrups liability.

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Does GC Insurance Cover Subcontractors?

Levelset

If a sub accidentally drops a steel beam on the project manager’s new sports car, that subcontractor’s liability insurance policy would likely cover the damage. General liability, builder’s risk, and subcontractor default insurance are among the most common, and wrap insurance is growing in popularity.

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Should Public Project Owners Be Liable for Worthless Bonds?

Construction Dive

For subcontractors and suppliers, which are unable to lien public property, these bonds are the only effective form of payment assurance. Featured … Public Project Owner Not Liable for Worthless Payment BondEngineer Liability Extended to Safety Risks

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How to Get Paid on New Jersey Public Projects

Levelset

When payment problems come up, contractors on public projects can’t turn to the mechanics lien for the solution — both the federal and state governments prohibit private companies from gaining interest in public property. New Jersey bond claim laws & liens on contract funds. Preliminary notice requirements.