Why Contractors Should Avoid Buying Building Materials on Facebook Marketplace
Facebook Marketplace has become a popular platform for buying and selling everything from furniture to building materials. It’s accessibility and casual setup can be appealing to busy contractors juggling multiple projects. However, buying building materials on Facebook Marketplace comes with serious risks that could jeopardize your financial security and professional reputation. Over the past year, […]
Understanding the Illinois Contractor Prompt Payment Act
For contractors and small business owners in Illinois, timely payments can make all the difference in managing ongoing projects and ensuring the financial stability of their operations. The Illinois Contractor Prompt Payment Act (commonly called the Prompt Payment Act), codified in 815 ILCS 630, is vital in protecting your right to be compensated promptly for […]
Mechanics Liens Illinois
As I have said before, knowing your mechanics lien rights is essential to securing your right to be paid in the construction industry. Every state has different rules that need to be followed to have a valid mechanics lien. This blog article will address the steps that need to be followed to have a valid […]
Understanding the Louisiana New Home Warranty Act
Purchasing a new home is one of the biggest financial decisions most people make, and ensuring that your new property is free from defects is a key concern for homeowners. In Louisiana, the New Home Warranty Act provides significant protections for homeowners, requiring builders to provide specific warranties for defects related to materials, workmanship, and […]
Can I file a Lien on a Public Project?
The general rule when it comes to public entities (city, state, and federal governments) is that they are immune from being sued or having any legal action taken against them. This concept is known as governmental immunity, and it applies to the idea of governmental immunity, which applies to liens as well. If you are […]
What Do You Need To Do To Have a Valid Lien in Louisiana?
The number one rule in collecting the money you are owed in the construction industry is knowing your lien rights. Having a valid lien means the amount you are owed is secured by an interest in the property you improved. This blog article will go over the steps you need to take to have a […]
Can I Get Paid if I signed an Unconditional Lien Waiver? And Other Common Questions About Texas Lien Waivers?
Recently, I wrote a legal memorandum for a client requesting information about Texas lien waivers. This is great information for anyone working on a construction project in Texas. See below the redacted version of that legal memorandum. CLIENT signs lien waivers as part of its business operations; CLIENT receives constant requests to sign lien waiver […]
Colorado’s Right to Cure in Foreclosure Proceedings: Understanding § 38-38-104
In Colorado, homeowners or other parties involved in foreclosure proceedings have the right to “cure” certain defaults before a foreclosure sale occurs. This statute, § 38-38-104, outlines the process and requirements for curing defaults related to nonpayment or technical defaults under a deed of trust or other lien being foreclosed. Let’s break down this law […]
Understanding Colorado’s Residential Home Improvement Contract Requirements
If you’re planning a home improvement project in Colorado, it’s important to understand the specific contract requirements that both homeowners and contractors must follow. These rules are in place to protect both parties and ensure that expectations are clear from the outset. Here’s a summary of the key components that must be included in a […]
Can I Get Out of a Contract I signed?
I get this question a lot from clients: I signed a contract, and now I want out; what can I do? The general rule of contracts is that once they are signed, the deal is done, and you can’t just say you don’t want to be bound by the contract anymore. What a contract is […]