It’s No Fun Paying Twice
201610.19
0

It’s No Fun Paying Twice

When an owner in a construction project does not comply with the proper payment rules under §713.06 Fla. Stats., he/she may be required to pay subcontractors or suppliers twice for the same work performed. Here is an example: The agreement between the contractor and owner provides for periodic payments (“draw requests”) based on completion of…

How to Start Your Real Estate Project
201510.22
0

How to Start Your Real Estate Project

Good Design, Good Designers and the Correct Budget Process There are many decisions that a property owner or developer (let’s call them owner) must make when creating a plan to build a residential or commercial building(s) on land they own.  None are more important than the determination of the project budget and the selection of…

The Construction Project: Who’s Responsible When Something Goes Wrong? Part 3
201509.18
0

The Construction Project: Who’s Responsible When Something Goes Wrong? Part 3

Given the obvious roles of the owner, contractor and design professionals, how are risks in a construction project legally allocated? It seems so simple: the owner tells the design professional what they want to build and the design professionals prepare drawings and specifications indicating and illustrating the owner’s desires. The owner then gives the drawings…

The Construction Project: Team Objectives. Part 2
201508.18
0

The Construction Project: Team Objectives. Part 2

What are we building and what’s the real price? Fundamental to a construction agreement are two seemingly basic and simple concepts: the scope of work and the total project price. Yet, they are frequent sources of dispute and litigation. Common problems are: The construction drawings lack sufficient detail which leads to different interpretations between the…

The Construction Project: Do We Have a Team? Part 1
201508.05
0

The Construction Project: Do We Have a Team? Part 1

Owners, Contractors and Design Professionals – the three major players in a construction project. Are they partners in the project? Are they members of the same team? The answers are: No, Maybe and Depends. From both a legal and financial perspective, these parties are not partners and you, whether an owner, contractor or design professional,…

Business Law: Business Entities
201507.25
0

Business Law: Business Entities

New companies must take steps to comply with the law even before opening their doors for the first time. Business law attorneys form new business entities on behalf of their clients by filing the necessary documents with the state. Businesses can be formed as: Sole Proprietorships C Corporations S Corporations General Partnerships Limited Partnerships Limited…

201507.20
0
Construction law is a branch of law that deals with matters relating to building construction, engineering and related fields.
Wikipedia