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Generally wedding venues have been large spaces, though the trend is towards smaller, for more intimate wedding ceremonies. Still largely costly affairs, the intimate wedding is definitely a trend. In this CLE class clip, Caroline J. Fox discusses helpful contract clauses for wedding venues.Learn More...
Typically, most states have a method for subcontractors and suppliers to receive notification that the original contract for which their contract falls under is terminated or abandoned. If you receive one of these notices and have an unpaid claim, it is possible that your lien notices and affidavit deadlines might be altered, or even accelerated.Learn More...
The Miller Act of 1935, provides protection to subcontractors and suppliers on federal jobs. On federal projects, payment bonds are required for any contract “for the construction, alteration or repair of any public building or public work.” No liens are allowed to be filed against federal property, meaning that subcontractors and suppliers must look to a payment bond for satisfaction, should their contractor not pay them. Learn More...
Landlord-tenant projects are the most problematic to obtain proper liens on, if for some reason you do not get paid. In most cases, the problems arise from not thoroughly understanding the landlord-tenant project contract. Learn More...
Retainage is the requirement to withhold a certain percentage, usually of the contract price or the value of the work, until a certain period of time. This is done to secure payments owned to subcontractors, suppliers, providers of specially fabricated materials, and other persons tasked for a project.Learn More...
What are the contractor's remedies when a job is canceled after he has specially ordered and fabricated materials? In such a situation, many states have a mechanism to file a lien to recover the costs of the specially fabricated materials..Learn More...
Without a mechanic's lien, a contractor can only sue the party whom they contracted with. With a lien, they can sue the property owner, those up the contracting chain from them, and the surety bonding the project. A mechanic's lien can prevent a property from being sold, transferred, or refinanced.Learn More...
Another option for resolving federal student loan defaults is federal student loan consolidation. The way this works, is a borrower obtains a new federal loan. The new federal loan, then pays off the old federal loan and begins to make payments on the new federal student loan. However, you do not only have to consolidate defaulted federal student loans, non-defaulted federal loans can also be consolidated.Read More...
Limited Liability Companies – have become increasingly popular, though they are a fairly recent creations, starting in the mid to late 90's. Wyoming, is an exception, with their state adopting the statutes in the mid 70's. Read More...
