Construction Risk Management Basics

Construction Risk Management Basics

Whether you are a general contractor, subcontractor, or project owner, an effective risk management approach should be a priority for every project. But how do you mitigate construction risk? Oftentimes, the purchase of a commercial general liability insurance (CGL)...

Indemnification Clause Basics

Indemnification Clause Basics

Making sure you take adequate risk-shifting precautions is a crucial step in the construction process. A common mechanism used in the risk management endeavor is an indemnification clause. But if it’s not drafted properly, such a provision will be unenforceable. In...

Why Liens Work Part 2

Why Liens Work Part 2

How does one perfect a lien? The most important aspect of perfecting a lien is giving timely notice to the relevant parties in the action. Texas law has strict rules regarding notice, in order to ensure that anyone who may be vulnerable to a lien claim is given...

Why Liens Work

History: Mechanic's and Materialmen's Liens originated in the U.S. by statue. The first lien law was passed in the state of Maryland, in 1791, in order to enable the "master builders to secure a lien on houses erected and land occupied." Other states eventually...

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