Legal Question in Construction Law in Michigan
Retainge holdings
What is the legal retainage percentage allowed by law to be held in construction
Asked on 4/22/09, 10:50 am
1 Answer from Attorneys
Patrick Tracy
Patrick J. Tracy, Esq, P.E.,
Re: Retainge holdings
It depends on the construction contract you sign. The custom and usage of trade is 10%.
Answered on 4/22/09, 11:18 am
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