As a general contractor, there is a strong possibility that you will have to deal with complaints from clients. There is also a good chance a client may threaten legal action if you do not resolve the issue promptly to their satisfaction. What a client may fail to...
When you start a construction project, you should always ensure the work agreed on is laid out in a contract which you and the other party sign. Yet it is common that changes to the original work scheduled are needed along the way. An owner may change their mind about...
Vacant properties are common in urban areas across the country. If nothing is done with them, they can soon fall into a state of disrepair that is not only dangerous but can also bring down the appeal and value of properties in the immediate vicinity. Developers will...
Construction projects rarely go exactly according to plan. While everyone may be on the same page when the project begins, eventually there may be disagreements about the cost of materials, changes to the work, problems with payment and deadlines. When a construction...
If you build or renovate property, you want your contractor to finish on time and a delay can cost you real money. To handle this risk, many construction contracts have a liquidated damages clause. This clause sets a specific dollar amount that the contractor owes for...
Many construction projects run over budget. This is a common cause of disputes between construction companies and their clients. Ideally, things should be planned out and budgeted appropriately at the beginning, but even if they are, the project can overshoot those...
A major hurricane can change the way a business owner looks at commercial property. A building may appear ready for use while hidden storm damage, unresolved repairs or insurance concerns create problems later. For business owners considering purchasing property...
As a commercial real estate owner, your main goal may simply be to lease that space to someone who wants to run a business. You are not looking to sell the property entirely, but you see it as a long-term source of income. As long as you can have tenants in the space,...
In Florida, it is crucial that those selling real estate are honest and transparent about the condition of that property. They need to disclose any material defects. These can often have an impact on the value of the property, and the buyer deserves to know. In many...
Some business owners consider using handshake deals simply because they are easy and efficient. Two business owners may already know each other and be on relatively good terms. They do not see the need to go through the formal process of writing a contract just to...
