Construction defects are relatively common, but in many situations, they can be mitigated, if found. Why are inspections important? Regardless of the type of loan, you should inspect the designs and materials, as well as the construction process throughout the build....
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Construction Litigation
There are ways of preventing, managing construction litigation
A commercial construction project, especially a larger one, is almost always going to be a complicated affair that involves a number of businesses. The larger the project, the more complicated it will be to coordinate it. Arguably, bigger projects also carry a lot...
Avoiding construction disputes
Construction disputes may be costly. The global consulting firm HKA reported that the value of claims involving 1,100 projects across the world from 2018 through 2020 was $48.6 billion, excluding legal fees. Claimed extensions of time accumulated to 593 years. There...