When someone passes away, their estate must be administered in accordance with their Will or, if no Will exists, under the rules of intestacy. The person responsible for carrying out the instructions in the Will is known as the executor. This role carries significant legal and financial responsibilities, but it also raises questions about what […]
Retention is a well-established practice in the construction industry, designed to provide financial security and ensure the satisfactory completion of building works. It is a mechanism whereby a portion of the payment due to a contractor or subcontractor is withheld by the employer or main contractor, typically until certain conditions are met. While retention can […]
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