Outline ·
[ Standard ] ·
Linear+
Overdue Defect Notice & Witholding Stakeholder Sum, Sample Letters
b00n
|
Sep 13 2007, 01:23 PM
|
delusional
|
QUOTE(aaronpang @ Sep 13 2007, 11:53 AM) Its the lawyers, typically your S&P lawyers! If I'm not mistaken... who can confirm that?....I thought it's the bank's lawyer.... The bank would issue the last check/payout but it's not directly debited into the developer's account. The lawyer would held on to it until the specific time frame is over.
|
|
|
|
b00n
|
Sep 13 2007, 04:58 PM
|
delusional
|
thanks, because I forgot which document that I signed actually contained the "stakeholder withholding 5%" clause.
|
|
|
|