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In the top-down approach to forecasting, output forecasts are created by senior managers.
Direct Liens
Legal claims or encumbrances upon property as security for the payment of a debt or fulfillment of a financial obligation.
Subcontractors
Individuals or companies hired by a primary contractor to perform specific tasks or services as part of a larger project.
Materialmen
Suppliers or vendors of materials, especially in the construction industry, who may have legal rights such as liens against the property they supply materials for.
Foreclosure by Action and Sale
A legal process where a creditor seeks to recover the balance of a loan from a borrower who has stopped making payments by forcing the sale of the asset used as the collateral for the loan.
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