Construction disbursement can be a complicated process, but we make it as easy as possible for our clients. In this article, we are going to discuss how we handle construction disbursement and related services at Commercial Partners Title.
Our Construction Disbursement Services
The team at Commercial Partners Title regularly facilitates construction disbursement needs for our clients. We work with each client to achieve their individual goals, and make sure that funds are disbursed as required by the project – regardless of whether the project is funding in one stage or multiple stages. How do we do this? We review draw requests, audit lien waivers, and verify that no liens have been filed. This allows us to ensure that funds are disbursed in a timely and effective manner.
We provide all of the following construction disbursement services to our clients:
- Tenant Escrow
- 3rd Party Escrow
- Single & Multi Stage Project Disbursing
Construction Disbursement Documents
Listed below are some construction disbursement documents you might find useful:
- Application and Certificate for payment (G702)
- Certificate of Total Project Cost
- Document G703
- Receipt and Waiver of Mechanic’s Lien Rights
- Sworn Construction Statement
Minnesota Construction Disbursement Services
If you are in need of any construction disbursement services, don’t hesitate to reach out to our team. At Commercial Partners Title, we are recognized as the experts in commercial transactions in Minnesota and across the country. We work hard to build trusting relationships with each of our clients. Contact us today to speak with our team of escrow agents, title closers, and underwriters. Our office is located in downtown Minneapolis, but we serve clients throughout the state and country.