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Posts from December 2013.
December 26, 2013
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Pop quiz: You want to purchase an undeveloped lot with the hopes of building your home on it.  You hire a title company to perform the title work, which appears to come back clean.  You are told your lot used to be part of a bigger parcel, but it was subdivided a few years ago, and your neighbors own the other lot.  You even take a look at the subdivision plat to see where the boundaries are located.  In the end, you buy the property and receive a deed with a metes and bounds description of the property’s boundaries.  Then you apply for the permits to build your home.  However, the local zoning office says you cannot build on the lot, because the locality never approved that pesky subdivision plat.  Confused by this revelation, you wonder what do you own and what can you do with it?

December 16, 2013
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Topics Contracts

Most contract negotiations boil down to several key terms.  For construction contractors, these are five critical items that you need to carefully consider and negotiate in each of your agreements.

I.  What is the Scope?

The starting place of a construction contract is the work to be performed.  Remarkably, this is often poorly or inconsistently defined.  Contractors should strive for a clear definition of what are the “contract documents” and what portion of the work is the responsibility of that contractor.