Reading what you sign, and making sure you’re okay with it, is as important as it’s always been. As contracts have moved from handshakes, to 1 page written documents, to long form agreements with fine print and addenda, it has become more an more difficult to actually know what any of the parties have agreed […]
Liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. In Vermont, when a construction lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Contractors, as well as subcontractors, sub-subcontractors and suppliers who […]
An age old story in construction is as follows: the owner doesn’t pay the contractor, and a subcontractor, who has performed its work diligently and according to its contract, doesn’t get paid either. Most of these situations arise because the subcontract contains “pay when paid” or “pay-if-paid” clauses. These clauses shift the risk of nonpayment […]
