Real Estate & Construction

ConsensusDocs are standard construction documents put together by a team of people in the industry representing all facets of a project, from design to contracting to ownership. The documents are supposed to be more neutral than other standard documents provided by other organizations. Here we’ll look at the payment clauses from the ConsensusDocs 750 Standard Agreement Between Constructor and Subcontractor. Schedule of Values 8.1 Schedule of Values – “As a condition precedent to payment,…
If you’ve worked in the construction industry for any period of time, you’ve likely signed a lien waiver. However, just because its standard practice, doesn’t mean that all lien waivers are standard. Many lien waivers contain additional language that contractors could end up regretting. A recent case in New York emphasized the importance of reading and understanding all of the terms included in the lien waiver form. How lien waivers work in New York Lien waivers…
A tragic accident occurs. A motorcyclist collides with a car which he couldn’t see coming because of some large plants at the intersection – a preventable accident but for the obstructing shrubbery. Is the contractor who planted the shrubs responsible? Not necessarily, not according to the accepted work doctrine. Here’s why. Contractors, whose work has been approved and accepted, shall not be held liable to third parties for injuries suffered because of any dangerous condition…

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