Joint Check Agreement
Joint check agreement definition. Learn how this payment method ensures subcontractors pay their material suppliers directly.
Calculation Formula
Check Payees = Contractor AND Subcontractor Real Contractor Example
A GC writes a check for $5,000 made out to both the drywall sub and the drywall supplier to ensure the supplier gets paid for the materials used.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.