Here are some basics that you need to understand about the Texas Construction Trust Fund Act.
So you missed your lien deadline and you’re a general contractor. Well, as long as the property has no been sold, you can still protect your interest. You should file your lien as quickly as possible.
Many contractors don’t understand the difference between lien rights for public and private jobs. Lien rights vary depending on whether the job is public, or private, and commercial or residential.
Many contractors seem to understand their deadlines to file their lien but few know their notice deadlines. The notice deadlines are just as important as lien deadlines because they are both fatal to your lien.
If you’re doing residential construction in Texas you need to understand the Deceptive Trade Practices Act (“DTPA”). Most of the residential construction claims will be made under the DTPA so understanding the act could help you to shield yourself from liability.
If you’re reading this and watching the videos below, you probably have a pending issue on a construction project. I hope that you find this collection of information useful and would love to talk to you about your issue. If you would like to discuss your specific issue please submit your information below or call…
Time is of the essence clauses are common in construction contracts and for good reason. This clause activates certain rights and remedies to various parties in a construction contract. Every contractor should be familiar with the importance of this clause. Watch to learn more.
If you have a fixed sum agreement more than likely, the owner/developer is most concerned about your PROGRESSION and you’re being paid based on how much you’ve progressed on the job. So one has to wonder why so many contractors treat lump sum agreements, like cost-plus agreements and inaccurately itemize what they’ve “spent” on labor…
People tend to freak out when a mechanic’s lien is filed on a project. Of course liens are never a good thing but they are not the end of the world. Calm down… you’ve got options.
If you work in construction you’re familiar with the American Institute of Architects more commonly known as the AIA. They create form contracts used by many construction companies in various types of construction projects. Many smaller contractors pull these contracts offline and present them for execution without much modification at all. Given the frequent use…