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  2. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    At completion, the homeowner complained about inferior work quality and refused to make the final payment. After a mutual settlement agreement, the builder accepted $4,000 as full payment. Thereby, a new contract was formed by offer, acceptance, and consideration.

  3. Punch list - Wikipedia

    en.wikipedia.org/wiki/Punch_list

    In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.

  4. Due-on-sale clause - Wikipedia

    en.wikipedia.org/wiki/Due-on-sale_clause

    A due-on-sale clause is a clause in a loan or promissory note that stipulates that the full balance of the loan may be called due (repaid in full) upon sale or transfer of ownership of the property used to secure the note. The lender has the right, but not the obligation, to call the note due in such a circumstance.

  5. Bullet loan - Wikipedia

    en.wikipedia.org/wiki/Bullet_loan

    This arrangement is convenient to individuals who are expecting a huge cash flow in the form of bonuses or fixed returns in some months. It lowers the borrower's monthly financial burden. It is also sometimes known as EMI Free Loan. [3] The payment that is due at the end of the loan is referred to as the bullet payment or balloon payment.

  6. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    Owners should demand this release when they are paid in full. Some states allow an Unconditional Release upon final payment that is used to induce the final payment. It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.

  7. When Are Taxes Due for 2022? Tax Year Dates You Need To Know

    www.aol.com/taxes-due-2022-tax-dates-110006170.html

    If you are required to make estimated tax payments, your payment for the fourth quarter of tax year 2021 is due on this date. Submit with Form 1040-ES Voucher 4 or pay online. Jan. 31, 2022

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