Construction Contracts and Lien Law
Thursday, September 12, 2019 (8:30 AM - 4:30 PM) (PDT)
This course qualifies for: 7.5 Real Estate Clock Hours WA DOL ~ BIAW 6 CE for NAHB Designations: CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP and MIRM. 6 AIBD CEU Legal Continuing Education Credit (through Linville Law Firm)
Bring a copy of your Contract to be reviewed in class.
The Contracts portion of the class will teach you the important terms you need to address in your contract in order to minimize the occurrence and magnitude of problems that inevitably arise with customers or other contractors.
You will learn how to write an improved contract that:
- Contains the required legal notices
- Limits your exposure to claims and liabilities
- Provides for economical resolution of a dispute
- Establishes a practical method of handling change orders
- Gives the customer a limited warranty
- Precludes your customer from firing you and hiring somebody else to fix or complete your work.
This seminar also explains the significant terms of the standard commercial subcontract and how these terms can present unwanted risk to the subcontractor. You will learn that these terms should be negotiated rather than blindly accepted.
The Lien section of the class will teach you how to prepare, record and foreclose a lien on either a commercial or residential project. The seminar will also teach you how to prepare, file and foreclose your lien against a payment bond or a retainage on any federal, state, county, or city public works project. Both liens and public works claims generally require a preliminary notice.
You will receive a complete course book that serves as an excellent reference guide and is designed for practical application.
Lunch is NOT provided.