Oxidation is a natural stage in the life of your asphalt. It may show up early if your driveway has direct exposure to the midday sun. But most often this stage is seen anywhere from 9 to 18 months after the asphalt is poured. Loose gravel and cracking that appears within the first year is definitely a problem.
Escrow Disbursement Date Law and Legal Definition. Escrow disbursement date means the date on which the servicer actually pays an escrow item from the escrow account. However, the lender must pay the items in a timely manner, that is, on or before the deadline to avoid a penalty.
Summary: Disbursement is the payment of student aid funds. Typically, colleges apply the money to your student account to cover costs like tuition and fees, room and board, and more. Check with the financial aid office to get your schoolâs disbursement schedule. Colleges are required to disburse (or pay out) federal student aid funds, including Direct Subsidized Loans, Direct Unsubsidized Loans, and Federal Pell Grants, at the start of each academic term.