Tag: Notice
Construction in the Time of Coronavirus
The Cloud Dissipates (a bit)
Originally posted 2015-10-14 15:52:20.
Remember HB 1265 that I discussed here at Musings back on February 6, 2012? Well, thanks to the efforts of the AGC of Virginia among other groups affected by the bill, it has been amended and a substitute proposed.
My thoughts on the latest changes? It is a good start, but adds an extra, and unnecessary, notice requirement for Virginia home builders that will only add to the cost of doing business.
New North Carolina Lien Laws Take Effect Next Week. Are You Ready?
The North Carolina construction world was abuzz during 2012 about new legislation bringing significant changes to North Carolina’s mechanic’s lien and payment bond laws. Governor Perdue signed SB 42 and HB 1052 into law. Key provisions of the laws are set to take effect on January 1, 2013, with other changes coming on April 1, 2013. Chief among these are the establishment of a new construction actor, the “lien agent,” and new procedures for serving and perfecting claims of lien upon funds and on real property.
With these changes upon us, it is crucial that contractors, suppliers, and their attorneys understand and are prepared to meet these statutory requirements. This post discusses a few of the more significant changes to existing lien laws, but it is important to note that the new legislation impacts other areas as well, including contractor lien waivers and payment bonds on public projects.
Continue reading New North Carolina Lien Laws Take Effect Next Week. Are You Ready?