If you're a construction business owner, then you know that contracts are essential for protecting both yourself and your clients. But negotiating a construction contract can be tricky - especially if you're not familiar with the law. Thankfully, there are four ways...
Construction Contracts
Should your construction contract address legal fee recovery?
Before you perform construction-related work for an individual or business in New Jersey, you want to have a carefully drafted construction contract in place. A construction contract serves several distinct purposes and helps outline responsibilities, reduce confusion...
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...
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...
What are the types of construction contracts breaches?
Because a lot goes on during a construction project, breaches of the contract sometimes occur. It could be something minor like a material delay or something major like subpar equipment. When a construction contract breach makes it into court, the judge assesses...
What to know about negotiating construction contracts
The construction industry in New Jersey can be a lucrative source of income, but it also comes with its share of potential economic and legal pitfalls. You will need to stay on your toes when it comes to negotiating the best possible deals. Solid knowledge of...
What are the different types of construction contracts?
Construction is a huge industry in New Jersey and across the country. When any type of construction work needs to be done, a construction contract needs to be in place and signed. There are four different types of construction contracts that can be used. Lump-sum...
Understanding liquidated damages in construction contracts
Almost every construction project involves a contract. In these contracts, you'll typically find several clauses. One of the most important clauses in these contracts involve liquidated damages. Having this clause in a contract helps ensure your New Jersey...
Tips for negotiating a construction contract
Residents and businesses in Roseland and other nearby areas of New Jersey will want to learn more about negotiating a contract with a savvy owner. These contracts may be for the construction of tenant improvements, new buildings, remodels, or expansions. According to...