Posted by Karl Silverberg | Jun 21, 2023 |
Contracts are a necessary component of any construction project. From home construction to simple renovations or remodeling, pretty much every construction project is governed by some sort of contract. And if you get the contract aspect of things right, everything else is likely to go according t...
Posted by Karl Silverberg | May 10, 2023 |
Whether you are a contractor or subcontractor, no one likes to see the clause in a construction contract commonly known as “No Damage For Delay.” This clause protects a party to the contract – often the owner of the project or a contractor hiring a subcontractor – against damage claims for situat...
Posted by Karl Silverberg | Apr 26, 2023 |
If a court decides that one party to a contract is guilty of breaching it, they will often award the other party damages for whatever losses they have suffered.
There are several ways they can calculate this. They include:
Going by what the contract says
Some people pre-agree a figure for a breac...
Posted by Karl Silverberg | Mar 30, 2023 |
These days, the only thing predictable about the weather is that it's unpredictable. New York can experience snowstorms well into what is officially spring (and before the start of winter). Devastating storms like Superstorm Sandy can leave residents without a home or business for months or longe...
Posted by Karl Silverberg | Mar 07, 2023 |
Any good business would know that, in order to keep operations smooth, there will be ample contracts with cooperative parties. A contract is a document that can ensure each party understands their legal obligations when providing goods or services. Without a well-defined contract, businesses may ...
Posted by Karl Silverberg | Aug 31, 2022 |
Contracts are routine matters when it comes to running a smooth business. These legal documents can outline what a party can and can't do and what's expected from them. Without a contract, a business could have its reputation ruined, expose a business to unnecessary lawsuits or cause someone to b...
Posted by Karl Silverberg | Jul 20, 2022 |
As a contractor, you know that the wording and what's included on your contracts can vary from one project to another significantly. Sometimes, these contracts are extremely detailed, outlining all aspects of the project and parties involved, or they can be extremely simple.
Whether you are deal...
Posted by Karl Silverberg | Jul 11, 2022 |
Your buyers came to you because they loved the blueprints in a home design that you were offering. You agreed to the terms of your contract along with some of the changes that your buyers wanted to see in the property.
The purchase contract is done, and you've been working hard on the property. T...
Posted by Karl Silverberg | Jan 07, 2022 |
The client that paid you to remodel their luxury home wanted a specific, exotic hardwood for the floor. However, due to supply chain issues, that kind of flooring just isn't available right now. You have even looked into working with alternative suppliers, but it might be six months or longer bef...
Posted by Karl Silverberg | Sep 24, 2021 |
A breach of the contract is a risk anyone who enters into a legal agreement faces. If you are in the construction industry, there is a pretty good chance that you will run into a contract that does not deliver on the agreed terms.
Contracts are legally binding agreements. As such, if one party f...
Posted by Karl Silverberg | Jul 29, 2021 |
Construction is big business in New York, and contracts often mean millions of dollars in revenue changes hands. With big budgets comes the risk of big disputes and major financial liability.
An employee could try to bring a civil lawsuit against you under the scaffolding law. You might have to f...
Posted by Karl Silverberg | May 03, 2021 |
When you create a construction contract, you should ensure that it protects your best interests while also offering your clients some protections. The contract should specify the scope of the project, payment terms and similar matters. The more detailed the contract is, the better protection you ...
Posted by Karl Silverberg | Apr 02, 2021 |
Construction contracts can be very simple or very detailed. Before either party signs the contract, they must ensure that they understand every term in it.
One of the important things to check before signing is the termination clause. This outlines what steps must be taken to break the contract. ...
Posted by Karl Silverberg | Dec 02, 2020 |
As a contractor, you know that no job goes completely smoothly. You may have disputes with the company or individuals that hired you. That's when having a well-crafted, detailed contract is extremely valuable.
What if things get so bad that you feel you need to have your workers pack up and leave...