https://drive.google.com/file/d/0ByKmzSBhIQc0NGV4alBIWFhMek0/view?usp=sharing
This is one of the primary documents that the bank required to approve the loan. It tells them what the money is buying. Later Marty Davis argued that this document was meaningless because dollar amounts were not on it, but on a separate document. The bank and two attorneys that I contacted all disagreed.
Of particular interest in this case is item #31.
Without this the builder could take all of the money from the "insulation" line item and put up any piece of insulation and declare that the insulation is done. without this document, the sheet with the cost of each line item is practically worthless. The document works together with the floor plan and site drawing to accurately describe the job in detail. It is worth noting that we used Marty's architect, so we had to confirm that the plans met our expectations, we could not "sneak" anything onto the plans.
At one time Marty accused us of adding the verbiage on item 31, here is a scan of an early draft in Marty's handwriting and signed.
No comments:
Post a Comment