Advance Payments
Concept of Advance Payments in the context of Real Property
A short definition of Advance Payments: Payments made to a contractor before performance. Not the usual method and when made by HUD or GNMA, there must special approval. See also: Progress Payments; Provisional Payments.
Concept of Advance Payments in the context of Real Property
A short definition of Advance Payments: Payments made to a contractor before performance. Not the usual method and when made by HUD or GNMA, there must special approval. See also: Progress Payments; Provisional Payments.
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