Chief Legal Officer at Levelset
About Nate Budde
Nate has written for many publications, and is a member of CFMA's Publications Advisory Group. Nate earned a BA from Stanford University and JD from Tulane Law School, and has been honored as a Top General Counsel in the U.S., and was also recently named as part of the 2020 Leadership in Law class.
Recent questions answered by Nate Budde
Recent articles by Nate Budde
Getting paid as a construction contractor is already hard without the coronavirus. Contractors face a major cash threat with the coronavirus outbreak and threatening recession. This article examines how current... Read more
When a Notice of Commencement filing is required, these documents can have a significant impact on both parties throughout the payment chain, and the property itself. Notices of commencement are... Read more
Mechanics liens can be the last line of defense standing between a construction participant and nonpayment. But with all of the specific, technical, and confusing rules and requirements that potential... Read more
The documents surrounding construction payment – and construction payment disputes – pay-apps, notices, waivers, liens, and more, must meet complicated and complex requirements and deadlines. Navigating this complexity can be even... Read more
Preliminary notice requirements were developed to benefit project owners by providing them with important information, such as the identities of all the companies working on the project. This information was... Read more
Lien Rights for Material Suppliers: First Furnishing Date Delivery Date or Shipping Date? Does it Matter for Lien Deadlines?
Deadlines are of critical importance for potential mechanics lien claimants. Missing a deadline can mean the difference between being able to file an enforceable mechanics lien, and not being able... Read more
Mechanics liens provide construction participants with some of the strongest protection available to ensure payment on every project. But in order to qualify for a valid and enforceable lien, certain... Read more
Generally, the parties protected by the bond are the “remote” or downstream project participants. But this protection only extends so far – for example, suppliers to suppliers are usually not... Read more
Do Pay-When-Paid Clauses or Payment Terms Influence Construction Notice or Mechanics Lien Deadlines?
Deadlines change from project to project depending on location, role, change orders, and more. Even things like determining what actually qualifies as the first or last furnishing date, or the... Read more