Article Date: 12/27/10

CONTRACT PAY SCHEDULE MODIFIED TO CONFORM TO LOAN DRAW

Appellate Court of Connecticut

Shelton v. Olowosoyo

No. AC 31413
November 30, 2010

Overview

A Connecticut court has ruled that the parties on a residential construction project modified the contractual payment schedule to conform to the construction loan draw schedule.

Background

The Sheltons entered into a fixed-price contract with Starlight Construction Co. Inc. to build a home on a lot the Sheltons owned ... Log in to view the full text.

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