Deed Agreement Lieu Withdrawal
Description
How to fill out Conveyance Of Deed To Lender In Lieu Of Foreclosure?
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FAQ
ESCROW AGREEMENT FOR DEPOSIT OF SECURITIES IN LIEU OF RETENTION AND DEPOSIT OF RETENTION. PURPOSE OF DOCUMENT: Provides a means for the contractor to elect to deposit securities with an escrow agent as a substitute for retention or to have the Facility deposit the retention directly with an escrow agent.
22038. (a) In its discretion, the public agency may reject any bids presented, if the agency, prior to rejecting all bids and declaring that the project can be more economically performed by employees of the agency, furnishes a written notice to an apparent low bidder.
Public Contract Code §22300(e) prescribes the form and content of an escrow agreement for security deposits. By the express terms of Section 22300(e), unless the escrow agreement utilized is "substantially similar" to that prescribed, the agreement is null, void and unenforceable.
Public Contract Code §22300(e) prescribes the form and content of an escrow agreement for security deposits. By the express terms of Section 22300(e), unless the escrow agreement utilized is "substantially similar" to that prescribed, the agreement is null, void and unenforceable.
Section 22002. 22002. (a) ?Public agency,? for purposes of this chapter, means a city, county, city and county, including chartered cities and chartered counties, any special district, and any other agency of the state for the local performance of governmental or proprietary functions within limited boundaries.