Products tagged with 'construction lender form'
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Alabama Construction Loan Agreement
Set out the terms of a construction loan with this downloadable template for a building project in Alabama.
- The maximum of any allowable advance will be the total of (i) the soft costs (development, planning, etc.) as set out in the budget, plus (ii) the lesser of the hard costs (materials and labor) of the completed construction or the scheduled value of each completed item.
- The retainage will be advanced only after substantial completion, issuance of a certificate of occupancy, and delivery to the lender of a survey of the project.
- Advances will be made for each item on the cost budget only up to the amount budgeted for such item.
- The lender is entitled to hold back an amount sufficient to pay all costs relating to the loan and the project.
- The file includes a Draw Request form to be tendered by the borrower to the lender before each advance of loan proceeds.
- This is a downloadable and customizable legal form which can be easily tailored to fit your unique needs.
- Intended for use only in the State of Alabama.
$29.99
New Mexico Stop Notice
NM contractors, have you received full payment for work or materials you supplied for a construction project? Make sure you get paid by serving the construction lender with this New Mexico Stop Notice.
- The Stop Notice gives details of the amounts still owing to the contractor with respect to labor, professional services, materials, machinery, fixtures or tools provided to a work site, but not yet paid for.
- The contractor requests that the construction lender or the property owner withhold sufficient funds to pay the outstanding amounts.
- This is a reusable lien form. Buy the form once, download it and use it as often as you require.
- Intended for use only in the State of New Mexico.
$12.49
Washington Notice to Real Property Lender
Washington contractors, if the payment bond is not at least 50% of the construction project financing amount, serve the lender with this Notice to Lender form.
- The Notice form must be served on the lender, the property owner and the prime contractor.
- The form can be used for the supply of labor, materials, equipment or professional services.
- The lender is required to withhold sufficient funds to pay for the services or materials from any future draws on the construction financing.
- Failure to comply with the Notice may subject the lender to compromising all or part of its priority lien interest.
- The form includes a copy of RCW Section 60.04.221 for your reference.
- Available in MS Word format.
- Intended to be used only in the State of Washington.
$7.99
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