Is your lien worthless? Can you lien a leased property? There’s a popular misconception that doing work on a leased property for a tenant means you can’t protect yourself when it comes to getting paid. Not true! But doing work for a tenant does mean you need to take specific steps to have rights and …
The lien is a powerful tool at your disposal to increase your ability to get paid. As an encumbrance, or a hold on real property, it creates a cloud over the legal title preventing the sale or refinance of the property. When you place a lien on a piece of property that you have improved …
Over the years we’ve covered just about every term that you should include in your construction contracts. This time, we are doing things differently by explaining 3 contract terms that should NOT be agreed to when taking on a project. Make sure to follow us on our dedicated construction site as well as our podcast, YouTube videos and social media …
They are a big problem for all subcontractors and suppliers – those pay-when-paid provisions stating that payment won’t be due until and unless it is first paid by the owner. This shifting of the risk of non-payment from a general contractor to its subs and material suppliers has found its way into most every construction …