Contracts between subcontractors and suppliers in Denver are often entered into with general contractors, who then contract with the property owner to complete a construction project. All these parties have a stake in the work being done per the terms of the contract. Therefore, if a subcontractor or supplier is not paid per the terms of the contract, they may pursue a mechanic's lien.
Business partners in Denver often share the same passion for their jointly-owned enterprise, but it is still important to ensure that they have the same expectations about their respective roles in the business and a set of rules on how their business should be run. Therefore, they may want to execute a partnership agreement as part of the business formation process. Not only could such an agreement resolve disputes before they occur, but without one the business may be governed by state law.