– Legal Insights –
Choosing the people who will serve in your estate plan is far more than a formality. It is one of the most consequential planning decisions you will make. Married individuals often rely on a spouse to act during an emergency, manage financial or healthcare decisions, and handle practical matters after...
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FACT OR FICTION: A construction bid is an offer, and if it is accepted, a legal contract is formed. ANSWER: FACT! A contract is a promise, or a set of promises, to which the law attaches a legal obligation. For a contract to be enforceable there must be an offer...
The “pay-if-paid” or “pay-when-paid” clause is frequently included in subcontracts. These clauses state that the general contractor is not required to pay the subcontractor unless and until the project owner pays the general contractor. Such provisions can be problematic to subcontractors when collection action is necessary. If the subcontractor demands...
NO MECHANICS LIEN RIGHTS? TRY A CONSTITUTIONAL LIEN Most people in the construction industry are familiar with mechanics liens. Under Minnesota law, if a contractor or material supplier is not paid for its services, it may file a lien against the real estate involved to secure payment. There are many...