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Builder Contract Dispute Resolution
Summary
Detrimental reliance, or promissory estoppel, may apply if you relied on a builders promise to your detriment. Piercing the corporate veil in Iowa requires proving the corporation is used for personal gain or fraud. A general contractor must obtain permits if the contract specifies, and failure to do so may lead to a breach of contract claim. If a builders delay increases mortgage interest rates, you might sue for damages based on breach of contract. Consider consulting a local attorney for detailed advice.Full Conversation
Alex
Hi Alex! How can I assist you with your legal issue today?
I contracted a builder to build my house who told me it would take 12 months to compelte and cost $*,*,*. The house is incomplete and has taken 3 years now and costs are *,*,*. Contract is a cost plus model. My interest rate has increased and cost is way up. Can I use detrimental reliance for a case against him?
Detrimental reliance, also known as promissory estoppel, might apply if you can prove that you reasonably relied on the builder's promise to your detriment. Here are some considerations:
- The builder made a clear promise.
- You reasonably relied on that promise.
- Your reliance caused a significant detriment.
You might want to consult a local lawyer for detailed advice. Would you like to be connected to lawyers in your area who can assist?
- The builder made a clear promise.
- You reasonably relied on that promise.
- Your reliance caused a significant detriment.
You might want to consult a local lawyer for detailed advice. Would you like to be connected to lawyers in your area who can assist?
No, another question
Sure, feel free to ask your next question!
If that same builder bought an empty lot, built a house on it, and sold that house for *% of its market value to himself and then sold the house for personal profit can I pierce the corporate veil
Case Rating: *
Piercing the corporate veil is challenging and generally requires proving fraud or that the corporation is merely an alter ego of its owners. In Iowa, you may need to show that the builder used the corporation for personal gain, undermining its separate entity status. Consulting a lawyer may be beneficial for detailed advice.
Do you have any other questions?
Piercing the corporate veil is challenging and generally requires proving fraud or that the corporation is merely an alter ego of its owners. In Iowa, you may need to show that the builder used the corporation for personal gain, undermining its separate entity status. Consulting a lawyer may be beneficial for detailed advice.
Do you have any other questions?
Yes
Case Rating: *
This situation seems to have high potential for legal action. Would you like to be connected to local lawyers who can better assist you with your case?
This situation seems to have high potential for legal action. Would you like to be connected to local lawyers who can better assist you with your case?
If that construction company is owned by the same person who owns a second company and the construction company builds a house and gives that house to the second company for free can I peirce the corporate veil
Case Rating: *
Piercing the corporate veil in Iowa requires showing that the corporation is used for personal gain or fraud, and that it functions as an alter ego of its owner. If the construction company is giving away assets for free to another company owned by the same person, you might have grounds to argue that the corporate veil should be pierced. It's a complex issue that often benefits from legal counsel.
Do you have any other questions?
Piercing the corporate veil in Iowa requires showing that the corporation is used for personal gain or fraud, and that it functions as an alter ego of its owner. If the construction company is giving away assets for free to another company owned by the same person, you might have grounds to argue that the corporate veil should be pierced. It's a complex issue that often benefits from legal counsel.
Do you have any other questions?
What if that construction company continued to pay for the mortgage on that property for several months itself, does that pierce the corporate veil
Case Rating: *
Paying the mortgage on a property for several months by a construction company may indicate that the corporation's finances are mixed with personal interests, potentially supporting an argument for piercing the corporate veil. However, it often depends on additional factors, such as intent and benefit to the owner personally.
Would you like to ask anything else?
Paying the mortgage on a property for several months by a construction company may indicate that the corporation's finances are mixed with personal interests, potentially supporting an argument for piercing the corporate veil. However, it often depends on additional factors, such as intent and benefit to the owner personally.
Would you like to ask anything else?
what is a builder buys a lot and builds a house on the lot and then quite claim deeds ownership to himself can I pierce the corporate veil
Case Rating: *
Piercing the corporate veil in Iowa requires demonstrating that the corporation is used for personal gain or fraud, functioning as an alter ego of its owner. If a builder uses a corporation to deed property to himself for personal benefit, it might support an argument for piercing the veil. Do you have other questions?
Piercing the corporate veil in Iowa requires demonstrating that the corporation is used for personal gain or fraud, functioning as an alter ego of its owner. If a builder uses a corporation to deed property to himself for personal benefit, it might support an argument for piercing the veil. Do you have other questions?
does a single owner llc require annual reports?
Case Rating: *
In Iowa, a single-owner LLC is generally required to file biennial reports rather than annual reports. This filing is due every odd-numbered year with the Iowa Secretary of State. Let me know if you have any more questions!
In Iowa, a single-owner LLC is generally required to file biennial reports rather than annual reports. This filing is due every odd-numbered year with the Iowa Secretary of State. Let me know if you have any more questions!
what is in an iowa llc biennial report? Can I see what is in a company's report?
Case Rating: *
An Iowa LLC biennial report typically includes:
- Company name and address
- Name and address of registered agent
- Management structure (member-managed or manager-managed)
Yes, you can view a company's report by accessing the Iowa Secretary of State's website or contacting their office for public records. Do you have any other questions?
An Iowa LLC biennial report typically includes:
- Company name and address
- Name and address of registered agent
- Management structure (member-managed or manager-managed)
Yes, you can view a company's report by accessing the Iowa Secretary of State's website or contacting their office for public records. Do you have any other questions?
how can I see the monetary assests of a cmopany I want to sue
Case Rating: *
To see the monetary assets of a company you want to sue, you can:
- Review the company's financial statements if they are publicly available.
- Access the company's biennial report through the Iowa Secretary of State's website.
- Consider hiring a forensic accountant for detailed financial analysis.
If you have further questions, feel free to ask!
To see the monetary assets of a company you want to sue, you can:
- Review the company's financial statements if they are publicly available.
- Access the company's biennial report through the Iowa Secretary of State's website.
- Consider hiring a forensic accountant for detailed financial analysis.
If you have further questions, feel free to ask!
is a general contractor required to obtain permits to build if they are responsible for them in the contract? And, if they fail to aquire them on time and it delays the project can I sue
Case Rating: *
A general contractor is typically required to obtain permits if specified in the contract. If they fail to do so and cause a project delay, you might be able to sue for breach of contract in Iowa. Consider discussing this with a lawyer for more tailored advice. Would you like to ask anything else?
A general contractor is typically required to obtain permits if specified in the contract. If they fail to do so and cause a project delay, you might be able to sue for breach of contract in Iowa. Consider discussing this with a lawyer for more tailored advice. Would you like to ask anything else?
If a builder promises to be complete with a house by a certain time and fails to complete the house and the result is the interest rate on the mortgage goes up due to the delay can I sue for damages, and if so how much?
Case Rating: *
If a builder fails to complete a house on time, leading to increased mortgage interest rates, you might sue for damages based on breach of contract. The amount depends on your losses, such as increased interest payments. Consulting a lawyer could provide precise guidance on potential compensation.
If a builder fails to complete a house on time, leading to increased mortgage interest rates, you might sue for damages based on breach of contract. The amount depends on your losses, such as increased interest payments. Consulting a lawyer could provide precise guidance on potential compensation.
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