You have decided to take the plunge and construct a building or home. Because you’re making a substantial investment in land and construction, you wonder if you should spend some more and get builder’s risk insurance to cover the building as it’s being constructed....
Construction
What is the difference between litigation and arbitration?
Whether dealing with a contract dispute, family law issue or other legal matter, it is not uncommon to find yourself faced with a choice: litigate or arbitrate. There are a number of differences between the two legal process. This post will delve into some of the...
What to look for before hiring a contractor
Contractors are an excellent resource for major projects around the home. They can use their skillset to address issues such as home renovation, heating, plumbing and air-conditioning. However, not all contractors are the same. Some contractors are more dedicated than...
Does a builder have insurance if a building has defects? Beware builders and owners!
Most builders or contractors have a commercial general liability (“CGL”) insurance policy for a particular project. It is often required by the construction lender. However, whether this policy actually affords any meaningful insurance to either the contractor or the...