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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

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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