Monthly Archives: October 2018
Three Fundamental Construction Contract Terms
Given how the construction industry operations, parties must craft construction contracts with clarity and use terms, language that encompasses the multiple eventualities that may occur during the course of the construction project. There are certain terms to which a drafter should particular pay attention. These terms dictate the direction of the construction project depending… Read More »
Best Practices When Dissolving a Business
When an owner is faced with dissolving a business entity (or winding up a business), there are multiple considerations the owner is faced with to facilitate a smooth and legal process. For one, the entity type and the ownership amount will dictate the legal processes required for dissolution. The owner should consider the status… Read More »
Latent Construction Defects and the “Discovery Rule”
After a construction project is completed and the owner of the building takes ownership, the clock starts to run. This proverbial clock is also known as the statute of limitations. If there is a defect in the property, a lawsuit must be filed four years from the date the owner took possession. In other… Read More »
Take These Protective Steps After a Third Party Injury Occurs on Your Construction Site
When a third party is injured on a construction site there a few things owner and contractors must do to ensure legal protection. But first, who is considered a third party? A third party in the construction world refers to an individual who is not working on the side of the owner or the… Read More »
