If you want to start a business, you may decide to lease a commercial property where you can run it. There are several important items to include in a commercial lease. Commercial lease A commercial lease is an agreement between a landlord and a tenant to rent the...
Real Estate Law
Why do construction projects experience budget overrun?
Construction projects are a huge undertaking – both financially and logistically. The challenges of these endeavors are so common that most established construction project managers fully understand how project costs can quickly spiral out of control. Basically,...
3 types of construction defects that may justify a legal claim
Finding out that a newly built construction project has a defect can cause significant problems for both the developer and the purchaser. It can result in disputes over who’s responsible for carrying out remediation work. Such disputes have the potential to bring...
What happens when a client won’t pay for remodeling work?
As a contractor or construction professional, you might provide free quotes to people who never call you back and begin work before receiving full payment. When you do get projects, you will have major expenses you need to cover, like permits and material costs,...
How do you handle a construction dispute?
Construction disputes can sometimes lead to construction litigation. These disputes can involve issues with the initial bidding process, delays in payment or completion, workmanship or materials. When you are in the middle of a construction project, it may be hard to...
Can a homeowner back out of a Massachusetts home sale?
You’ve accepted a new job in Massachusetts and have found a house to buy that you love. You’ve signed all the documents, paid your deposit and you’re ready to start packing. Is your house purchase a done deal? Is there a way the deal could fall through on the...
Why some buyers may leave the closing table
Consumers are more likely to back out of a home purchase when it’s a buyer’s market. Whether it's because they're scared of soft prices or future market declines, these fears can kick-in right after the purchase offer and may continue up until the deadline. When this...