By Rebecca Bowers and Ted Levy The three most fundamental questions surrounding the mailing of a preliminary notice (ada Notice to Owner, Notice of Furnishing, Notice to Contractor, Right to Lien) are: A) Who must receive the notice? B) when must it be mailed? C) What are the required contents of the notice? For this…
Arbitration requirements can affect bond claims in several ways, but often, sub-trades find themselves embroiled in a dispute where the customer refuses to pay for work performed or materials furnished. In most instances, the sub-trade will simply file a claim of lien and proceed to foreclosure and include a breach of contract if it…
Surety bonds can offer valuable legal protection to those planning to build or renovate a building. In construction, a surety bond (also called a “construction bond”) financially backs an individual or company, requiring its workers to fulfill all duties as outlined in the initial contract. When we say “construction bonds” we’re using a term that encompasses…
Is your company licensed? Did you know that contractors are required to be licensed and bonded in California? Perhaps you do know thatcontractors are required to be licensed, but you may not be aware of who, exactly, is considered a contractor under the law. For example, it might surprise you to learn that in California, not only are general…