By H. Clay Parker, Esq. | Published December 30, 2022 | Posted in Commercial Real Estate | Tagged Tags: construction contract, construction projects, dispute resolution |
Ideally, real estate construction projects are completed as designed, on schedule and within budget. However, construction projects are, by their very nature, complex affairs that can generate serious conflicts between the multiple people and entities involved, including contractors, subcontractors, material suppliers, developers and property owners, even when everyone acts in good faith. If you’re involved Read More
Read MoreLiquidated damages are dollar amounts that parties to a contract agree will be paid in the event of a breach. Setting a fixed amount can be preferable to proving actual damages that might be difficult to ascertain when a breach occurs. Florida courts generally recognize the validity of liquidated damages clauses. However, in order to Read More
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