Claims against Nevada Contractor’s License Bonds in Cases where the Contractor did not Use his License Periodically, the surety is confronted with claims against a contractor’s license bond, although the contractor did not use his license in circumstances leading up to the claim. These claims fall essentially into three categories: The contractor did not use … Continue reading “Can they make that claim and succeed?”

The timing and approach to record notices of liens are crucial in the construction business. Nevada revised statute 108 explains how and when these should be done. Here you can find a basic Mechanics’ lien timeline with the five most important steps of action: Serve Notice of Right to Lien (Preliminary Notice)– Within 31 days … Continue reading “Statutory Liens: Mechanic’s and Materialmen’s liens”

Under the Idaho Public Contracts Bond Act, Idaho Code Ann. 54–1925, et. al., written notice of a payment bond claim must be provided by a sub–subcontractor claimant within ninety days of the last labor or supply of material by the claimant.  Idaho Code Ann. 54-1927.  A lawsuit to enforce the claim must be filed within one year from the last day the claimant provided the labor or materials at issue. Id.

The license bond statute specifically states that the bond is for the benefit, among others, of one who supplies “materials or equipment for the construction covered by the contract”.  NRS 624.273(1)(c).  The statute provides for the recovery of “the amount of damage the person suffered to the extent covered by the bond . . . … Continue reading “Are Interest and Late Fees Recoverable Under a Nevada Contractors License Bond? “

Claims Against A Contractor’s License Bond, Where The Construction Project At Issue Is Out-Of-State, With Specific References To Nevada And Utah Law. Among the more unusual license bond claims are the ones where the contractor has a license bond in one state, and where the construction project at issue is in another state. For example, … Continue reading “They Are Claiming What?”

Kurt C. Faux has been recognized and accepted as part of the panel of the American Arbitration Association. AAA arbitrators help speed up the process of resolution through private out-of-court resolution or settlement. Congratulations Kurt!

Contractor’s license bonds are required by statute in Nevada (NRS 624.270), and claims against the bond are also governed by statute (NRS 624.274). Therefore familiarity with those statutes is a prerequisite for evaluating a claim. Once a claim is asserted, these basic steps should be taken to assess the validity of that claim. IS THE … Continue reading “The ABC’s of Evaluating Contractor’s License Bond Claims in Nevada”

Part of the Faux Law Team was able to help at the Ronald McDonald House Charity  in Las Vegas. These houses are found worldwide and provide support and temporary housing for families who must travel to receive critical medical treatment for their children.  It was great to have the opportunity to help, and to hear the stories of … Continue reading “Community Service: Ronald McDonald House Charity”

Our very own Kurt Faux has been admitted to the Idaho Bar in conjunction with the expansion of our services in Idaho. Currently the Faux Law Group represents clients in Utah, Nevada and California. Mr. Faux was sworn in on April 14th. The Faux Law Group can represent now represent you in Utah, Idaho, Nevada and California.

The Faux Law Group was privileged recently to represent a surety seeking to enforce its rights for collateral security and an asset freeze based on specific performance and quia timet.  On an Emergency Motion, the United States District Court entered an order freezing the assets of the Indemnitors and ordering the posting of collateral security in … Continue reading “Case Update: Preliminary Injunction and quia timet”