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.
Overdue Defect Notice & Witholding Stakeholder Sum, Sample Letters