AIA publishes updated residential projects contracts and condo guide

The contract documents program of The American Institute of Architects (AIA) has released updated residential contracts for both single-family residential and multi-family residential or mixed-use projects. It also published an updated version of their Condominium Project Guide, which is available for free without a documents subscription.Revised Residential Documents The revised residential documents are B107-2020, Standard... Continue Reading →

October 27, 2020 0

Definition of “success” is relative for condo claims

Condominium work is coming back strong after being scarce for several years. Many millennials and other first time buyers can and want to invest in condo units in urban areas. And renting is less attractive to a maturing class of residential owners as they downsize from single-family homes. Condo projects can be tempting work for... Continue Reading →

December 7, 2016 0

Managing the risks of residential projects

My previous blog post warned that residential projects (houses/townhouses, condominiums, and apartments) have resulted in the greatest number of claims against design professionals in the Schinnerer professional liability program. Here are some suggestions for ways to manage the risks of these projects: Select clients based upon their experience, financial strength, ties to the community, and... Continue Reading →

February 9, 2015 0

What projects result in the most claims against design professionals?

Most of you have probably already guessed the answer to this question. From 2004 - 2013, residential projects (houses/townhouses, condominiums, and apartments) resulted in 31% of all claims filed in the Schinnerer professional liability program (frequency rate). Residential projects also had a high severity factor (dollars paid by CNA). The average indemnity payment was just... Continue Reading →

January 30, 2015 1

Up ↑