Christian Fernandez | Real Estate Ligitation Blog Liquidated damages provisions in commercial and residential real estate contracts play a vital role when a transaction goes south, and should be given careful consideration when negotiating a real estate contract. Liquidated damages may be referred to in a variety of ways, such as “earnest money,” a “good-faith… Continue reading Liquidated Damages: Too High and It’s a Penalty. Too Low and You’re Out of Luck.
Month: December 2022
Lien Law Change in Idaho
Grace Maldanado | Gordon Rees Scully Mansukhani On July 1, 2022, the Idaho Legislature’s amendments to I.C. 45-507 came into effect. This statute regulates the steps and requirements to sustain a valid mechanics and materialmen lien. There were three changes to the statute: (1) clarification as to who may personally serve a notice of lien;… Continue reading Lien Law Change in Idaho
The Right to Repair Act Means What it Says and Says What it Means
Garret Murai | California Construction Law Blog A rather short case for a short week. In Gerlach v. K. Hovnanian’s Four Seasons at Beaumont, LLC, 82 Cal.App.5th 303 (2022), the 4th District Court of appeals examined provisions of the Right to Repair Act (Civ. Code §§895 et. seq), also known as “SB 800” after its original bill number,… Continue reading The Right to Repair Act Means What it Says and Says What it Means