In our last post, we began looking at a construction dispute involving the North Carolina Department of Health and Human Services and a contractor charged with heading up the construction of a mental hospital in Morganton. As we noted, the state is now attempting to cancel the contract after the project has run into numerous delays and significantly increased in costs due to complications.
We have previously looked at the topic of construction delays on this blog, mentioning some of the principles of sorting out such disputes, which are quite common in construction projects. As easy as it may be to look at the general rules that govern construction contract disputes, sorting out the details can be hard in practice.
Some of our readers will be familiar with the HGTV series, “Love It Or List It,” which features homeowning couples choosing between renovating their current home or selling and purchasing a new home better suited to their needs. The series has one host, Hilary Farr, proposing and managing the renovation plan, and the other host, David Visentin, searching out and showing new homes.
In our last post, we began looking at the topic of mechanic’s liens, not only as to their importance for contractors, but also as to the general requirements for perfecting and filing a lien. There are also specific requirements for enforcing a lien on real property.
Mechanic's liens are an important tool for those who provide labor, materials, rental equipment, professional design or surveying services to the owner of real property for the purpose of making improvements to the property.
As the world continues to progress further into the Information Age, communication has become quick and instantaneous. The advent of the internet, email, and cell phones has made it easy to communicate efficiently with people on the other side of the world. Business transactions no longer have to be completed by mail, in person, or even by fax. Many times we engage in business transactions with emails or over the internet. Online shopping is a perfect example.
The home remodeling trend is on the rise. Harvard's Joint Center for Housing recently released a report estimating an increase in home repair expenditures and home improvement projects to levels far exceeding the historical average of 4.9 percent by the beginning of 2017. Home value increases have afforded 38 million homeowners a minimum of 20 percent home equity. The confidence that homeowners have gained in regards to the worth of their homes has led many of them to invest in their structures.
Any time a legal issue arises, people typically have one of two initial reactions. They either want to resolve the situation immediately and quietly or to take the case right to the courtroom. While each of these two solutions can be viable options for people locked in a dispute, there are other options that may be more effective and appropriate.
When people think about product defects, they usually are thinking of the end result of a defect. For instance, instead of thinking about the mechanics of an airbag, you might think of its failure to deploy as the defect. Or you might think of the burns you could suffer from using a tool that malfunctions as a defect.
Buying any house is a big decision that people do not make lightly. Unfortunately, even after all the inspections have been done and questions have been answered, there is still some information about a home that homeowners don't learn until months or years after it has been purchased.