Title: Comparison of Legal Processes for Retrieve Payment of Construction
Abstract: It is common for construction payment to be in arrears in domestic construction contract marketing today. Arrears do harm to the contractor's finance conditions and even arise social problems. It is effective to retrieve the construction payment through legal process. Based on the comparison of Payment Guarantee, Statutory Mortgage and Rights of Subrogation, the advantages and disadvantages of these processes are analyzed to offer suggestions for contractors to recover the payment successfully.
Publication Year: 2003
Publication Date: 2003-01-01
Language: en
Type: article
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