James Chen, CMT is an expert trader, investment adviser, and global market strategist. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the ...
Contingent payment clauses are often used in connection with contracts between general contractors and subcontractors or subcontractors and lower tiered subcontractors. Essentially, this type of ...
Originally published in Florida Bar Journal on February 13, 2013. A contingent payment clause in a subcontract is the clause that provides that the subcontractor assumes the risk of owner nonpayment.
Q-About three weeks ago we accepted a purchase offer bid for the sale of our home. However, this offer contains a contingency clause for the inspection of the house by a licensed building contractor.
It might be difficult to find a seller who's willing to accept an offer that's contingent on the sale of your current home, but if you do, the seller is likely to want a release clause in the purchase ...
Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. A contingent liability is a potential obligation that hinges on ...
In November 2001, 15 Texas contractors and subcontractors, two lawyers, and a facilitator from North Carolina set out on a quest. They were determined to do what two major segments of the Texas ...
Putting an offer on a home and going under contract is a major step toward making what is likely the biggest purchase of your life -- so it can be nerve-wracking when there are still unknowns, such as ...
If your home is listed for sale, or if you think you might sell it someday, it pays to anticipate the three favorite home buyer ”escape clauses” and know how to handle them. Without this knowledge, ...