They say that you may often expect great financial risks if you are involved in any construction project. There is always a possibility for delayed payment, or disputes and unexpected disruptions that may wreak havoc on construction timelines. Creating escrow accounts...
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Construction Law
When may construction delays lead to lawsuits?
Some construction agreements may define project scopes and provide milestones for completing builds. The American Bar Association notes that an agreement could include provisions for excusing delays outside of a developer’s control. Inclement weather conditions, for...
What are construction liens?
A secure contract is necessary for construction companies. This ensures that you get paid in exchange for the work you do. When a customer attempts to refuse to pay you in spite of this, it creates problems for everyone. There are several options for you to consider...
What should you do when a subcontractor defaults?
You need every member of a construction team to do their work in a timely manner. Sometimes, though, a subcontractor may fail to finish a project. In this situation, you need to understand the options available to you. According to the Houston Chronicle, the way to...
In construction, negligent third parties may be liable for injuries
From falls, electrocutions or severe burns to catastrophic injuries involving heavy equipment, those working in construction frequently risk bodily harm. In many cases, an injured employee may be able to receive compensation to help pay for medical bills, lost...
Can I place a construction lien?
If you provide construction services or any type of home improvement work to customers, you usually secure a contract that outlines payment. When the customer refuses to pay, it leaves you in a bad position. One option you may have, according to the North Dakota...