Every state has enacted laws protecting contractors, materialmen, and subcontractors associated with private construction projects. One of the most important benefits of such laws is the right to file liens against the project. The time to protect lien rights begins before the construction contract is signed. If you wait until project completion, then you have waited too long.
Lien rights may be greatly limited, or totally eliminated, before the project even begins through lien clauses designed to do just that. Lien Clauses in Construction Contracts will provide guidance from J.C. Hearne, LLP, with White and Hearne, LLP, to help you understand and access lien clauses often found in construction contracts that limit the rights of contractors, materialmen, and subcontractors. Specifically, this seminar will provide the tools required to:
- Alert you where to look for and when to employ no lien clauses, pay if paid clauses, and pay when paid clauses
- Understand the impact of no lien clauses, pay if paid clauses, and pay when paid clauses as to each party to the construction contract
- Determine whether no lien clauses, pay if paid clauses, and pay when paid clauses are enforceable
- Identify the advantages and disadvantages of no lien clauses, pay if paid clauses, and pay when paid clauses
- Determine whether other alternatives to no lien clauses, pay if paid clauses, and pay when paid