In New Jersey and other states that are known for construction, it is important to understand what liquidated damages are and what their role is in contracts. They are key to the planning and budgeting of construction contracts. Liquidation damages Liquidation damages...
Year: 2022
How to minimize construction defect liability
Owning a construction business in New Jersey can leave you open to liability. If you aren't careful, you can be held responsible for a great many unfortunate incidents including construction gaffes. This is a disaster that you can only avert through vigilance. Common...
What are four common types of construction contracts?
Construction contracts in Roseland, New Jersey provide a binding agreement for the builder and the owner. One important function of the contract is to specify what the contractor's compensation is per the job. Here are four common construction contracts preferred by...
Facts about construction liens in New Jersey
Although most construction projects go smoothly, there are often a few bumps in the road. One of the biggest potential problems is when a contractor or subcontractor doesn't get paid for their work. If this happens, they have the legal right to file a construction...
Liability for construction defects in New Jersey
Construction defects are a common occurrence in buildings in New Jersey. Errors happen all the time, and most of them are not premeditated. However, you should not suffer consequences for such defects. Instead, you should find a way to have them corrected, especially...
How to avoid the top 12 drivers of construction disputes?
The primary cause of construction claims and disputes is design problems. Construction projects are prone to more unforeseen physical conditions and deficiencies in workmanship. Tight timetables increase design problems with projects in Roseland, New Jersey. People...
Clauses to pay more attention to in construction contracts
Before signing a construction contract in New Jersey, you should pay attention to any clauses. Not all contracts are valid, and some clauses may give you the short end of the stick. No-lien No-lien clauses are illegal in New Jersey. This type of clause waives one's...
Knowing the four types of construction contracts is essential
Spending a significant amount of money to complete a construction project in New Jersey requires you to develop a contract between you and the individual or company doing the work. This action helps ensure both parties are satisfied when the transaction has been...
3 tips for dealing with construction disputes
Construction contractors in New York are involved in some of the most complex business negotiations of any industry. The construction of a building involves dozens of professionals, months of planning and close attention to local zoning laws and regulations. When...
Five types of construction contracts in New Jersey
Contracts are an essential part of any construction project in New Jersey. They outline the expectations and responsibilities of both the contractor and the client to help avoid disputes down the road. Here are the five most common contracts used in construction...