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#130:  Secured Lenders' Rights to Construction Contract Payments

NH Construction Law

The Uniform Commercial Code, enacted in all fifty states, favors the lender here, but also provides that paying the lender discharges the account debtor’s payment obligation to the contractor or subcontractor (called the “assignor” in this context). .” Reading Cooperative Bank v. Suffolk Construction Co. ,

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Accounting for Retention Receivable & Payable: A Contractor’s Guide

Levelset

Retention can be withheld on residential or commercial projects and on both public and private projects. The invoice is recorded in the chart of accounts with a credit to the income account for $100,000, a debit of $90,000 to accounts receivable, and a debit of $10,000 to retention receivable. How to record retention payable.

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Can the EDGE Green Building System Save the Planet?

Green Building Law Update

While Nepal is breathtaking, containing eight of the world’s ten tallest mountains, the country is landlocked to the north by China and to the south and east by India, and is a developing country with a low income economy, ranked among the poorest of the 187 countries in the U.N. Human Development Index.

Green 168
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Can the EDGE Green Building System Save the Planet?

Green Building Law Update

While Nepal is breathtaking, containing eight of the world’s ten tallest mountains, the country is landlocked to the north by China and to the south and east by India, and is a developing country with a low income economy, ranked among the poorest of the 187 countries in the U.N. Human Development Index.

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What Is Building Valuation | Purposes of Building Valuation | Building Valuation Methods

CivilJungle

Before giving a loan the banks usually take a mortgage. In case the person is unable to pay the debt, the property is seized by the bank, and the loan amount is recovered. The capitalized value or the valuation of the property will get by multiplying the net income with the year’s purchase. Income Capitalization Method.

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Oregon Incentives and Workforce Development Guide

Business Facilities

The intention is to protect those industrial lands with the potential for future economic development and job growth from conversion to residential or commercial zoning. Express Bonds are placed with the borrower’s bank and may be feasible for financing smaller projects, particularly within the $500,000 to $5 million cost range.

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9 Tips for Starting an Architecture Firm

Levelset

Bill monthly for consistent income. This ensures that you will have a regular stream of income and allows you to budget for monthly income and expenses. . For residential design, you may use Facebook, Instagram, or Pinterest. For commercial design, Instagram and LinkedIn are better.