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  3. Study Set
    Practical Real Estate Law
  4. Exam
    Exam 11: Mortgage Forms and Provisions
  5. Question
    The Provision in a Construction Loan Agreement That Requires That
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The Provision in a Construction Loan Agreement That Requires That

Question 3

Question 3

True/False

The provision in a construction loan agreement that requires that a certain percentage of the loan proceeds be held and not disbursed until completion of construction is known as a retainage provision.

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