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.... Is there some part of your contract that has not been fulfilled?

.... Is the money being held in trust by a third party (lawyer)

generally speaking, it's usually the party that requested and is paying for the task that with holds monies when the contractee doesn't fufill the expectation of the contract.

You need to define the parameters of you situation

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Why insurance very importance to contractor?

Accidents happen. When something goes wrong, people want someone to pay for their loss. You can either pay using YOUR money or can use the insurance company 's money. This is why insurance is important to a contractor.


Can you write a check against money on hold?

No. The money on hold is not available to you for any reason until the hold is released.


Can you hold payment from a contractor?

Yes, you can hold payment from a contractor under certain circumstances, such as if the contractor fails to meet project milestones, delivers subpar work, or breaches contract terms. However, it's essential to communicate your concerns clearly and in writing, referencing the specific contract clauses that justify withholding payment. Always consult legal advice before taking such action to ensure compliance with applicable laws and to avoid potential disputes.


How do you get your mortgage company to release your insurance check Adjuster reported home is completed Mortgage company wants to send last check to a contractor?

Was this a total loss? The money should go to the contractor unless you have already paid him out of pocket then the money would go to you...re-imburse you only what it cost to rebuild home and only what you paid the contractor. The mortgage company pays the contractors directly to be sure that they are paid in full and not mechanics liens are on the property. Provide proof of paid in full acknowledged by the contractor and the company will then release the check to you.


How much money does an ATM hold?

10,500

Related Questions

How much money does a general contractor make every year?

$440,000 a year


Can a roof be fixed by a general contractor?

If he can't he shouldn't be a general contractor


Can you hold back money if a subcontractor doesnt have insurance?

If the contractor has already finished the work you can not legally hold back his money. What on earth would you be holding it for anyway? Most states in the U.S do not require a contractor to be insured so you would have no legal grounds and are subject to suit by the contractor. If your upset that he didn't have insurance, You were supposed to check that before you hired the contractor in the first place. Holding the contractors money after the job is completed just looks like your trying to cheat the contractor out of his pay. If the contractor wants to, he can sue you and or place a lien on your house if you fail to pay.


Is a person a subcontractor if the general contractor makes the price?

Anyone who does work for a general contractor and is not a direct employee of that contractor is a sub-contractor. Regardless of who sets the price. The subcontractors work within the contract set between the general contractor and homeowner. Hence sub-contractor.


Who was the contractor that built the metrodome?

General Contractor Lic.


Why would a subcontractor get a general contractor license?

So they can work as a general contractor and not have to work for someone else.


Hiring a landscape contractor is a waste of money.?

Hiring a landscape contractor is a waste of money.


What is an insured contractor?

An insured contractor is a contractor who carries a Commercial General Liability Insurance Policy.


Can a company withhold money due for a negative change order from one general contractor project to satisfy another construction project with the same general contractor?

Although the contract may prohibit withholding funds from another project, in reality, this action might be taken to put short-term pressure on the contractor.


What happens when a general contractor is not a general contractor in your state?

That means he is an unlicensed general contractor. He has not set up a bond or registered with the state licensing board. Complaints in your state would not be readily available.


What is the difference between contractors and general contractor?

a general contractor is who is license with a general building license (b) and is permitted to take jobs in whole a contractor or specialty contractor are the contractor that specialized in one trade only and are permitted to take only special trades on the job for example an electrical contractor can only take electrical job


Are they a difference between a general contractor and a contractor?

general contractors differ in that they are familiar with all aspects of the building process, from vacant land all the way through the processes to complete a home, office building and so forth. a contractor will and can be hired BY a general contractor to accomplish a certain aspect of the process of construction. general contractors can roughly be compared to a general practitioner. a contractor, to a doctor who only specializes in one area of practice