Construction projects can be complex, and disputes between property owners and contractors are not uncommon. Tennessee has enacted laws to streamline the resolution process in these instances while protecting the interests of both parties. One of these laws is Tennessee’s “Right to Cure” statute, outlined under Tennessee Code Annotated § 66-36-101 et seq. This statute […]
The Georgia Construction Prompt Payment Law is a critical piece of legislation designed to ensure fairness and predictability in financial transactions within the construction industry. This legal framework promotes on-time payments for contractors, subcontractors, and suppliers, helping mitigate cash flow issues that often plague construction projects. Below, we break down the key aspects of this law, […]
When residential contractors take on a project where the homeowner secures bank financing, contractual challenges often arise. One frequent issue is the conflict between the contractor’s agreement and the additional contract required by the bank. Contractors often ask, “Which contract takes precedence if there is conflicting language?” The unfortunate truth is that, unless specified, both […]
In California, homebuyers have a legal right to ensure that their newly constructed homes meet certain quality standards. The California Right to Repair Act establishes guidelines for builders, contractors, and other professionals involved in residential construction. The law aims to address and resolve defects or deficiencies in various aspects of home construction. This article breaks […]
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, […]
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 […]
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 […]
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 […]
The change order provision in a contract is one of the most important parts, allowing the parties to increase or decrease the scope of work. Every contract has its own unique terms as to what is required to have a change order completed correctly, who can sign, what will be included in the change order, […]
Embarking on a home improvement project can be both exciting and daunting. Whether you’re renovating your kitchen, adding a new room, or upgrading your HVAC system, entering into a contract is a crucial step to protect both yourself and the contractor. Understanding Alabama’s specific requirements for residential home improvement contracts ensures that your project proceeds […]
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