Risks in residential construction are unique - Are you prepared?Residential construction is unique compared to commercial and industrial projects because residential construction usually centers on building someone’s home or dwelling.
Emotional factors run higher when homebuilding is delayed or does not meet an owner’s expectations. On larger subdivisions, a builder may not necessarily be the owner-occupant but is under the same pressure to get anxious buyers into their new homes on time. For these reasons, the risks in residential construction are unique and are usually governed by specific governing statutes, local contractor regulations, express contract clauses and insurance coverages and limitations. This topic will define the scope of residential construction and will focus on the contract documents that should govern all relationships on a residential project. The content will also focus on how insurance drives a residential project from beginning to end. In addition, there will be a discussion about potential claims and remedies before the Registrar of Contractors and against sureties that issue license bonds for residential contractors. We will conclude the topic with some idea about the procedures and purposes of lien liability and foreclosure on residential construction projects. The material should leave you with the tools to manage risks associated with residential construction.
Agenda
Faculty
Richard G. (Rick) Erickson
Snell & Wilmer L.L.P.
- Partner in the office of Snell & Wilmer, L.L.P. (https://www.swlaw.com/people/rick_erickson)
- Practice emphasizes all aspects of construction law
- Conducts regular seminars and workshops on numerous topics relating to construction litigation and transactions
- Author of many publications related to construction law and commercial litigation
- Past chair, State Bar Executive Council for Construction Law; Affiliate Affairs Committee, Associated General Contractors; fellow, American Bar Foundation; Arizona Builders Alliance; Maricopa County Bar Association, Construction Law Section
- J.D. degree, University of The Pacific; B.S. degree, University of Arizona
- Can be contacted at [email protected], 602-382-6540, or https://www.linkedin.com/in/rick-erickson-9510794
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
More Program Information
Access to all training products $699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
