LARE Section 1 - Project and Construction Management

LARE Section 1 - Project and Construction Management Affidavit - ANS ️️ A written statement in which the facts stated are sworn or affirmed to be true. Arbitration - ANS ️️ A contractual provision whereby those bound to it give up their right to go to court and instead have any disputes underlying the contract resolved by an "arbitrator" or "arbitration panel". Case Law - ANS ️️ Common law- a system of law that is derived from judges' decisions (which arise from the judicial branch of government) rather than statutes or constitutions (which are derived from the legislative branch of government). Certify - ANS ️️ Process of verifying that a record is complete. Commencement of improvements - ANS ️️ First actual preparation or construction on the site, or the first delivery to the site of substantial materials Contractors - ANS ️️ Person who contracts to do all or part of the work and retains control of means, method, and manner of accomplishing the work. Deposition - ANS ️️ A sworn statement of a witness or other party in a judicial proceeding. Due Care - ANS ️️ A theory of tort law to explain the standard of care or the legal duty one owes to others; what a reasonable person would under like circumstances. Exoneration - ANS ️️ This means a request to release the surety bond. Improvements - ANS ️️ Refers to all of or part of the construction project. The statutes liberally define improvement as "any building, wharf, bridge, ditch, flume, reservoir, well, tunnel, fence, street, sidewalk, machinery and all other (applicable) structures or superstructures". Interest Holder - ANS ️️ Those who share ownership of the property and/or improvements with the owner - includes absentee owners, lessees, mortgagees (loan institutions or individual lenders). License - ANS ️️ A privilege or