Texas recently enacted several new statutes that govern waivers and releases of Texas mechanic’s and materialmen’s liens. Designed to protect suppliers, subcontractors and laborers, mechanics liens are statutorily created and provide a certain degree of protection for those who provide labor or materials to a project. When perfected, a statutory lien attaches to the property […]
In Texas, mechanics’ liens are created by constitutional right and by statute. A Constitutional Lien is available only to contractors in direct contractual privity with the owner for the improvements to the property. Texas statutory Mechanics’ Liens may be asserted, similar to other states, by general contractors, subcontractors, materialmen, mechanics, or artisans. A Texas mechanics lien that […]
We all know that the sunshine state is home to year-round warmth and sunshine. It is also home to one of the largest and most powerful construction industries in the United States. In 2017 alone, it is estimated by NAIOP’s Economic Impacts of Commercial Real Estate 2018 that the commercial real estate industry provided $189.4 billion […]
Public private partnerships (PPP or P3) have been popular in Western Countries for decades. Countries like France, Germany, Australia and Japan have embraced the concept and have constructed (and leased) public infrastructure projects from bridges to airports with PPP. The same seems to finally be taking off in the United States. While the Federal Government […]
Spring is here, and so is the rush of construction projects that need warmer temperatures to start (or restart as it were). With the economy giving signs that it is on the upswing, here is hoping that 2012 construction will start off with a bang. If you are a contractor, it is time to start […]
