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Are developers that engage in developer agreements or making escrow deposits required to post a BRC?

April 26, 2017agreements BRC deposits Developer developers engage escrow

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Are developers that engage in developer agreements or making escrow deposits required to post a BRC?

1 Answer

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No. The agency is not purchasing goods and services from the developer, making a BRC unnecessary. Funds received from developers are held in escrow for development related costs.