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> Overdue Defect Notice & Witholding Stakeholder Sum, Sample Letters

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zackhanashia
post Jan 20 2016, 02:36 PM

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Does the 5% stakeholder sum hold by the lawyers applies in the built then sell concept? I want to send notice to my developer which is using BTS concept about the 30 days overdue of defect rectification but wondering if there is really any 5% stakeholder sum in the BTS concept because according to my S&P the developer itself shall pay for self-defect rectification after the said 14 days notice and nothing mention about claiming from the stakeholder lawyer.

 

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