If you rent a commercial property to run your business, you want to think about all of the different costs that go along with it. Simply paying the rent every month is just the beginning. One of the other major costs that you may face is maintenance for that property. You have to do upkeep or fix issues that may crop up and hinder your business's productivity. But who is responsible for that maintenance, you [...]
The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), also known as the "Superfund" law, provides tools for local governments and private developers to address environmental contamination found in and near Superfund sites. In 2018, Congress passed the Brownfields Utilization, Investment, and Local Development Act (BUILD Act). The BUILD Act amended the Local Government Acquisitions exemption to add types of exempt acquisitions and liability protections to state and local governments. 42 U.S.C. § 101(20)(D). Previously, [...]
Lien rights can be one of a contractor's most important means of securing payment on any private construction project in North Carolina. Under Chapter 44A of the North Carolina Statutes, contractors that contract directly with a project owner have a right to assert a lien on the subject real property to secure payment for amounts owed for work performed. First-, second-, and third-tier subcontractors can enforce the claim of lien on real property of the [...]