Sentences with phrase «owner pays the contractor»

In Indiana the first dollar the property owner pays a contractor is when you are on the line for work comp.

Not exact matches

What he did have was a proposal that would pay the owner to stay on as a contractor, compensating him based on job performance and providing a second commission to pay toward the $ 45,000 business purchase.

OTB also owes unspecified fees to contractors and employees, and will pay rent for the casino to hotel owner / casino operator Delaware North.

The marketing material explains that the RenoMark logo helps home owners determine if the contractor adheres to the association's standards and code of ethics — but contractors don't need to pay an annual fee to an association to adhere to a code of ethics, offer a standard level of quality or warranty their work.

I used to be a contractor (1099) in 2014, but have been a W - 2 employee all of 2015 and 2016, I work for a startup that I am not the owner of, they pay me as a w2 employee.

For example, if you're repainting your new home and your contractor doesn't accept credit cards, Paige NeJame, franchise owner of CertaPro Painters of the South Shore and Boston, suggests offering to call in to Sherwin - Williams with your credit card to pay the painting contractor's supplies.

Once an owner receives a «proper invoice» from a contractor, that amount must be paid within 28 days.

A contractor is also required to pay a sub-contractor within seven days of receiving payment from an owner.

On behalf of a homeowner, he obtained a settlement where the architect and contractor paid in full to correct structural defects and also paid to offset the owner's attorney's fees.

On the other hand, the Nova Scotia Court of Appeal in Arnoldin Construction & Forms Ltd. v. Alta Surety Co. (1995), 137 N.S.R. (2d) 281 («Arnoldin») attempted to limit the effect of «pay when paid» clauses by ruling that subcontractors have a legal right to be paid within a reasonable time for their work, regardless of the fact that the contractor may not have been paid by the owner.

According to the Court, the contractor has «nothing to lose» by vacating the lien against one unit, where the unit owner pays for the unit's share of the lien.

Such clauses are sometimes included in subcontracts and state that a general contractor has no duty to pay a subcontractor until the general contractor has been paid by the owner for the work performed by..., Case Law Alert - 1st Qtr 2011

When a property owner fails to pay a contractor, or a contractor fails to pay a subcontractor for work performed, Florida's construction lien law gives the contractor or subcontractor the power to place a lien on the property.

The contractor argued that the entire security should be paid, because the owners have an «undivided interest» in the common elements, and therefore the security could also not be divided.

Can an individual unit owner pay his or her proportionate interest in the lien, and require the contractor to discharge the construction lien as against his or her unit only?

The contractor requests additional money from the owner to pay the additional cost of that retrofit work.

Advantages include an opportunity to learn a lot about buy n hold including if you like being a landlord and various information about repairs and dealing with contractors, ability to use VA financing (requires owner occupied), the principle pay down of the tenant, all while having the advantages of having your own detached residence.

«Contractors are very willing to use / learn whatever the designer and owner specify, if they will pay appropriately.

And the employee owners pay less FICA tax, than they would if they were self employed 1099 contractors performing the same work for the company.

I had just recently entered into an independednt contractor status arrangement with a business owner, and although I had owned houses, a cottage etc. in the past, all paid off by the way, it made no difference to the lenders (3) that I had applied to.

The owner / directors also went for many years paying themselves as contractors, before the company accountants finally browbeat them into becoming T4 employees of their own corporation... something that went severely against the grain.

The maintenance and repair services income is the difference between what the property management company charges the owner and what they pay their contractors.

A home inspection is when a paid professional inspector — often a contractor or an engineer — inspects the home, searching for defects or other problems that might plague the owner later on.

However, there is an out in the law that does not require sole proprietors or owners of a contractor to carry workers comp if they have no employees and can instead opt to pay for his own injuries.

With that said, there are several levels of formal bidding, and the more complex it is, the more you are likely to pay, the more formal your contractors will be though; to a point where owners / clients will not check our work and simply sign off on the project.

It allows the property owner to manage each individual line item vs. paying one lump sum to multiple contractors each year.