Four Best Practices for Negotiating a Construction Contract

When you begin negotiating with design professionals and contractors on a construction project, there are several pitfalls you should avoid. Here are four important issues to keep in mind: 1. Avoid arbitration provisions. “Don’t enter into a contract that contains an arbitration clause for dispute resolution,” advises Pearson Legal, P.C. founder Matthew R. Pearson. “Arbitration is promoted b...
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Do You Have Adequate Homeowner’s Insurance?

Disasters that can strike your home — including hail, windstorms, fires and tornadoes — are always traumatic. By carrying sufficient homeowner’s insurance, you can at least have some peace of mind knowing that you’ll be able to recover. But typical coverage is often based on three factors: what you paid for your home, its current market value and your mortgage. This may leave you short when it com...
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