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draw

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A payment from the construction loan proceeds made to contractors, subcontractors, home builders, or suppliers.
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Popular 'Real Estate & Buildings' Terms

  • encumbrance

  • leasehold improvements

  • demising wall

  • development

  • leasehold interest

  • mortgage

  • aggregate


Mentioned in These Terms

  • abusive draw

  • owner's draw

  • delayed draw term loan

  • proprietors draw


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