In Vermont, liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When a Vermont 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 […]
Author: Stephen
New Bond Bill to Help Subs and Suppliers
According to Gibbs Giden Attorneys At Law, there has been a new law in California and other states that help protect subs and suppliers on P3 projects. On these projects, the public entity provides a piece of land where a private entity designs, builds, and sometimes operates the finished public project. In California, public projects exceeding $25,000 […]
Boost for Single-Family Homes by U.S. Builders
According to ABC News, work on single-family homes by U.S. builders were at a high from 6 months ago during the month of August. Not only was the present construction work high during August, but permits were also requested by the workers for even more future builds for the months ahead, despite higher mortgage rates. The building of […]
US Home Indusrty
According to BBC, the US home-building industry grew in the month of July, in part due to the increase of construction for new apartments. According to the Commerce Department, the new-home industry rose by 5.9 percent since the previous month. New homes grew at an annual rate of 896,000, which was below the […]
Idaho Mechanic’s Lien
In Idaho, liens filed on private property or on funds relating to a public project are known as Mechanic’s Liens. When an Idaho mechanics 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, design professionals, sub-subcontractors […]