For most people, building or renovating a home can be the most expensive project ever undertaken. While in most cases this is a pleasurable experience, serious problems can arise. When they do, it is crucial that you have access to all available means of recovery. All too often, some avenues are foreclosed by the time one seeks advice from an attorney. At the first sign of trouble, you need to contact an attorney who with the most thorough knowledge of construction litigation. Such quick action can often lead to the project being put back on track quickly, and with minimal expense and delay.
While it is always the hope that your project can be resolved without litigation, this is not always possible. In the event that you need to seek intervention from the Court to obtain relief, an attorney who focuses in construction litigation can often bring you a quick and just resolution to any construction issues you may face.
You only get one shot at recovery when a contractor does something that is not right, and you cannot afford to take chances. Hiring the right attorney can transform your problem from a potentially debilitating predicament to a mere inconvenience.
There are also occasions when a contractor is caught in a situation when a homeowner is being unreasonable. Sometimes contracts are misinterpreted or expectations are not in line with project scope. At times such as these, it is important that you consult a construction attorney regarding your rights and obligations. This attorney will be able to defend your position in a manner that preserves your rights and puts the project back on track.
Although most seasoned contractors attempt to assure that homeowner payments are in line with project progress, it is inevitable that upon completion there will still be a final payment due. This final installment often represents your profit on the project, and it is vital that it be received. If a homeowner argues against this payment, you should not delay in contacting an attorney who is experienced in handling Mechanic’s Liens and other modes of collection, as some remedies can disappear in as short as 90 days from the last day you performed your services.
A Brownfield site is real property in which the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant. Brownfield sites are often abandoned industrial or commercial sites.
Previously, both developers and their lenders steered far clear of these sites for fear that the substantial environmental cleanup costs involved would reduce the anticipated project profit margin. Commercial lenders also feared that, in the event of a foreclosure, the bank would be burdened with a contaminated property and substantial attendant cleanup costs.
New federal and state legislation (the Small Business Liability Relief and Brownsfields Revitalization Act, and the Brownsfields Act: Chapter 206 of the Acts of 1998, respectively) now provide financial incentives that can allay these concerns and have reinvented the business model regarding these sites. Our attorneys can help guide you through the process of purchasing and developing a Brownsfields site.