Payment plans can be a valuable tool for resolving outstanding debts and avoiding litigation. However, it’s crucial to approach them strategically to ensure they are legally sound and protect your interests. In this guide, we’ll explore four key tips for crafting effective payment plans: getting it in writing and signed by the right person, including …
Understanding lien rights, especially when dealing with tenant build-out work, is crucial. In this episode, we’ll delve into the intricacies of lien laws and how they can impact your bottom line. We’ll explore the challenges associated with tenant build-out projects, such as lease restrictions and the potential for limited lien rights. By understanding these complexities, …
Subcontractors often face challenges getting paid on time. This episode of the podcast will explain the steps subcontractors can take to get paid faster. We will explore the significance of well-drafted contracts, emphasizing the importance of avoiding problematic pay-when-paid clauses and incorporating stop-work provisions. Additionally, we will discuss the vital role of lien rights in …
Understanding the intricacies of lien laws and avoiding common pitfalls is crucial for anyone involved in the construction industry. Today, we’ll navigate the complexities of lien law traps, shedding light on potential missteps that can jeopardize your financial interests. By delving into the fundamental rules, timing requirements, and critical considerations, we’ll equip you with the …
Dealing with bad checks and credit card chargebacks is an unfortunate reality in business today. These financial setbacks can impact a company’s bottom line. To mitigate these risks and ensure timely payments, it’s essential to understand the legal implications and effective strategies for handling such situations. We’ll delve into the civil and criminal penalties associated …
Florida’s Construction Lien Law is filled traps for the unwary and tricks for the cunning. In this episode, we will explain where and when the traps could be sprung as well as when and how to use the tricks. We will explore things such as Notice of Contest of Liens, 20 Day Summons to Show …
Construction lien waivers and releases are as essential to the construction process as hammers and nails. If you want to get paid, you need to give a release. If you have to pay someone, you better get a release. And in both cases, because words matter, understanding what they say and how they work is …
Florida’s lien law is complicated! In this episode, we outline the step-by-step procedures involved in filing a lien, including crucial deadlines, necessary documentation, and legal considerations. By carefully following these guidelines, contractors, subcontractors, and suppliers can increase the likelihood of getting paid. In this second part, we will discuss serving a notice to contractor, exceptions …
Navigating the complex landscape of construction contracts in Florida requires a solid understanding of the legal framework governing agreements, lien rights, and essential contract terms. While verbal agreements are enforceable, the added security and clarity of written contracts are paramount in preventing disputes and ensuring a successful project outcome. This first part of the podcast …
In this episode, we’re unpacking three common yet avoidable lien release mistakes that can have costly implications.