Construction Disbursing

Construction disbursement services

Brabazon Title facilitates the disbursement of construction loans for residential and commercial projects.

Our services include (link to downloadable PDF form):

• Construction Escrow Agreement
• Contractor's Affidavit & Statement
• Contractor's Affidavit & Release
• Cost Breakdown Form
• Draw Request Form

Research of lien laws for each construction state package including:

• Preliminary lien notice requirements
• Notice of Commencement requirements
• Notice of Completion requirements
• Statutory lien language and forms
• Statutory lien perfection/timing

Review of escrow package including:

• Title date
• Escrow instructions
• Endorsement requests

Disbursement of construction draws including:

• Ordering and reviewing title updates
• Examining draw documents including general contractor AIA 702
  and 703 forms, invoices for soft/hard costs, and equipment
• Reviewing lien waivers
• Disbursing funds according to lender’s instructions
• Issuance of title policy endorsement