In the first episode of the podcast, we break down liquidated damages in building contracts. What they are, how they work, and why owners, builders, and developers need to know about them.

Liquidated damages are often misunderstood. In this episode, we cover:

• What liquidated damages actually are (and what they’re not)

• Why they appear in building contracts

• How they’re typically calculated

• Common traps for owners

• When liquidated damages can be challenged or become unenforceable.

This is Episode 1 of the podcast, kicking off a series focused on construction law and the residential building process. Subscribe for future episodes covering building contracts, disputes, and risk management in the construction industry.

Note: There is a legal distinction between liquidated damages an ...