As it pertains to Construction Loans, describe the purpose of the following terms: Payout schedule (aka voucher
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Question:
As it pertains to Construction Loans, describe the purpose of the following terms:
Payout schedule (aka voucher or disbursement) within a Building Loan Agreement?
Subordination Clause - why is this needed to secure additional future financing?
Partial Release Clause - give an example of how this would work?
Rental Achievement Clause?
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Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland
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