by Rob Dreger | Jun 28, 2019 | Construction, Contracts, Escrow, Real Estate |
What does an escrow agent do? And what is a Construction Escrow Agreement? Most construction project finances are handled by a third party, typically a title company or a bank, which acts as fiduciary, receiving and approving all contractor payout requests. This third...
by Rob Dreger | Jun 21, 2019 | Construction, Contracts |
The Construction Phase involves the actual “brick and mortar” work and the processing, approval and payment of the written payout requests of the contractor, sub-contractors and material suppliers. You will recall that this series of blogs is focused on the three...
by Rob Dreger | Jun 14, 2019 | Construction, Contracts |
Previously, I discussed the significance of a construction contract. In basic terms, this agreement addresses every aspect of a particular construction project while representing each party fairly. Before any work begins, it is critical for a contract to be in place....
by Rob Dreger | Jun 7, 2019 | Construction, Contracts, Real Estate |
Begin every project with the Construction Contract, which the wise person will negotiate and sign before any construction begins. Previously, I outlined the importance of having a signed construction contract and detailed construction paperwork for each of the three...
by Rob Dreger | Jun 1, 2019 | Construction, Contracts |
Whether you’re building a new home or a commercial building, construction projects are often complex endeavors. Even though you may start with a clear plan, unexpected events can occur in the middle of construction. As a result, the scheduled timetable could shift...
