Business Law Update: Impact of 5% Retainage on Real Estate

Join hosts Jane Lvovskiy and Irene Sinayskaya in this episode as they dive into the latest change affecting real estate contracts: a 5% retainage cap of contract sums for property owners. This change, impacting owners, contractors, and subcontractors alike, has profound implications for budgeting and cash flow in real estate development. Stay informed with our wonderful hosts, and feel free to reach out with any follow-up questions!”