By Willi Siepmann & Kurt Faux 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 … Continue reading “The Abc’s of Evaluating Contractor’s License Bond Claims in Nevada – Updated 2024”
Read More »FauxLawRadio with Jerry Zimmerle
Jerry Zimmerle is a Sales Specialist at Winsupply and a member of the PHCC of Nevada. His hard and honest work combined with his amiable personality are a great contribution to our community. His secret for success? Quite simple: 1) Work hard 2) Be integrous 3) You show up and do 1 and 2!
Read More »AB 421, 2019 Construction Defects Legislative Changes
By Kurt Faux On June 3, 2019 Governor Sisolak signed AB 421 into law. While AB 421 retains some of the 2015 reforms, a number of significant changes have gone into effect on October 1, 2019. AB 421 amends provisions of Nevada Revised Statute 11 and 40. Here is the legislative modifications of the enrolled act. … Continue reading “AB 421, 2019 Construction Defects Legislative Changes”
Read More »Statute of Limitations and the Utah Contractor License Bond
There is no statutory limitation provision specific to the CLB (Contractor License Bond) and the Utah Supreme Court has not addressed this issue. At least three statutes of limitation potentially apply: 78B-2-305. Within three years. “An action may be brought within three years: (4) for a liability created by the statutes of this state, other … Continue reading “Statute of Limitations and the Utah Contractor License Bond”
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