Category: Getting Paid

Do you know the crucial difference between proper and improper Payments?

If an owner fulfills all of its duties under the mechanic’s lien law, then its liability for all lien claims will not exceed the contract price. While an owner is not required to comply with the notice requirements of the lien law, it does so at the risk of paying twice for improvements where the contractor may not have paid certain lienors. An owner should not make a final payment unless it has received the Contractor’s Final Affidavit. A final payment under a building contract, made by the owner to the general contractor without first securing sworn statements from the ... Read more

How to File a Payment Bond Claim in 3 Simple Steps; Notice to Contractor, Nonpayment and Lawsuit [VIDEO]

A payment bond secures your right to be paid on a construction project. Instead of a lien on the property, if the job i… A payment bond secures your right to be paid on a construction project. Instead of a lien on the property, if the job is bonded, your claim exists against that payment bond. How do you know if a job is bonded? Two ways: 1. A copy of the bond should be posted at the job site; 2. A copy of the bond is likely recorded with the Notice of Commencement, so if you have access to ... Read more

4 Construction Lien Law Traps to Avoid – Warranty and Punch List Work, Sworn Statements and More [VIDEO]

There are four very specific disclosures that may be required by the law to be in your construction contract. 1. Lien… There are four very specific traps that exist in construction lien law and that we often see clients fall into. 1. When is your last day on the job? It’s important to know that punch list and warranty work does not count as last work. It has to be work that would entitle you to compensation under your contact or a change order. 2. It’s critical that you respond to requests for sworn statement of account. A request for a ... Read more