Are you a contractor looking to safeguard your business from unforeseen expenses during construction work? Join us on TheLienZone Podcast, as we reveal essential tips for identifying hidden conditions in construction contracts. From subsurface conditions to local ordinance changes and unexpected costs, we’ll guide you through potential pitfalls and show you how to protect your …
In this episode of TheLienZone Podcast, host Alex Barthet discusses the importance of lien releases in the construction industry. He explains what a lien release is and how it works, and emphasizes that it’s crucial for contractors and suppliers to understand lien releases and the potential risks associated with signing them.
In this episode of TheLienZone Podcast, host Alex Barthet and guest Jonathan Bursevich from Alter Surety discuss three easy ways to increase your bonding capacity.
A construction lien is a right permitted to those in the construction industry who provide materials, services or labor to real property. If one who provides these services or materials are not paid, he or she may be able to force the sale of the property in order to recover their money. On this episode, …
In this episode, Alex will be sharing his expertise and breaking down the free tools available for you to succeed in the construction industry. With Contract Detective, you can get a free AI analysis of your contract provisions under Florida law. Calc-U-Lien makes calculating NTO, Claim of Lien, and Notice of Nonpayment dates effortless. Get …
When it comes to construction projects, payment is a critical aspect of the process. However, some contracts may include “Pay-When-Paid” provisions, which can cause delays in payment to subcontractors and suppliers. These clauses state that payment will only be made to the subcontractor or supplier when payment has been received by the general contractor from …
A construction lien is a right permitted to those in the construction industry who provide materials, services or labor to real property. If one who provides these services or materials are not paid, he or she may be able to force the sale of the property in order to recover their money. Make sure to …
Happy New Year! It is important to understand the difference between liens, bonds, and collections. Liens are a legal claim on a property to secure payment of a debt, while bonds are a form of insurance against financial losses resulting from non-performance. Collections are the process of recovering money owed to an organization, often through …
Indemnity is a term familiar to those in construction. Basically, indemnity shifts fault for damages or losses from one party to another. It is generally contractual, where one party agrees to assume responsibility by means of a written agreement, holding another harmless from the consequences of its actions or omissions. Indemnification shall always be a …
A construction lien is a right permitted to those in the construction industry who provide materials, services or labor to real property. If one who provides these services or materials are not paid, he or she may be able to force the sale of the property in order to recover their money. On this episode, …