#122: Construction Loan Disbursement Pitfalls
NH Construction Law
FEBRUARY 25, 2023
New Hampshire Savings Bank , 131 N.H. Worse, the contractor or one of its unpaid subcontractors could place a mechanic’s lien on the property – which is sure to result in a breach of the owner/borrower’s loan agreement! ” And such a voluntary undertaking is exceedingly rare.
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