Menu
Home>Levelset Community>Legal Help>Should an allowance contract be specific in how the monies will be disbursed?

Should an allowance contract be specific in how the monies will be disbursed?

AlabamaConstruction Accounting

Hello. I’m closing on a home with an allowance from the seller to do work before I move inside. Under contract it says that the seller paid the money to escrow to be disbursed by the attorney to the buyer. My impression is that the attorney will pay me the allowance at closing. What does this mean ?

0 replies