Posted on: 26th Mar, 2010 02:56 pm
A contractor was overseeing a multi-family property( doing repairs in the apartments), then he says to the manager he is going to bind the note.
Hi mojomicki!
Welcome to forums!
I'm not exactly sure about what the term - "bind the note" means. I guess, as the contractor has done certain repairs and home improvements, he will place a lien on the property and try to recover his dues from you while you sell it off.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I'm not exactly sure about what the term - "bind the note" means. I guess, as the contractor has done certain repairs and home improvements, he will place a lien on the property and try to recover his dues from you while you sell it off.
Feel free to ask if you've further queries.
Sussane