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In the wake of these massive disasters, property owners sometimes consider an innovative construction process that can really speed up the recovery timeline for the affected communities: Production-Scale Rebuilding. But does this methodology really help the recovery process, or is it more hassle than it’s worth?
Is it possible for all parties on a project to avoid risk, payment issues, and complete a job successfully, all without having to rely on a “protection-first” mindset?
Joint check agreements are most common in the construction industry because so many tiers of parties participate on a typical construction project. This reality of the construction business just happens to perfectly fit with the joint check concept.
What do you do when you have a customer that won’t pay? The answer in most industries is, of course, “send it to collections.” But if you take that route, you’re likely to only get pennies on the dollar (or worse), and there’s no telling how long the process will take. Fortunately, that’s not the case for the construction industry, which is lucky enough to have a lien right protections.
It’s always important to know what you’re signing, but when lien waivers are involved, the stakes are raised. Read on to learn about zlien‘s list of the 6 deadliest lien waiver mistakes.
One of the fastest and easiest ways to save time when filing a mechanics lien or lien cancellation is to record the document online through a process called electronic filing, or e-filing.
Before we talk about who can sign a mechanics lien, let’s make it perfectly clear that a mechanics lien claim must be signed – this is a requirement in all 50 states.
On a property restoration project, perhaps the single most important to ask is whether the recovery work is covered by insurance.
If the underlying payment issue gets resolved after filing a mechanics lien, then releasing the lien is the proper thing to do.
Those preparing to recover from the California wildfires face a similar challenge to folks in Texas and Florida – whether it’s fire damage or damage from wind and water, in many cases, property owners have been left with nothing.