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.
escrow disbursement. Definition. The dispensing of escrow funds for the payment of real estate taxes, hazard insurance, mortgage insurance, and other property expenses as they are due. Use escrow disbursement in a sentence. â The escrow disbursement was a really cool thing and I wondered how everything was going and how it would finish.