Renovo Properties Inc. is committed to providing our clients with clear and transparent payment terms. This policy outlines the payment procedures for all projects undertaken by Renovo Properties Inc.

1. Payment Schedule: Varies between projects please refer to your invoice for details.

2. Payment Methods: Check, wire transfer, credit card. Check payments are payable to "Renovo Properties inc." Electronic transfers: info@renovoteam.com

3. Late Payment Policy: Payments received after the due date will be subject to a late payment fee of 5% per month. Renovo Properties Inc. reserves the right to suspend work on the project until all outstanding payments are received.

4. Payment Disputes: Any payment disputes must be submitted in writing to Renovo Properties Inc. within 10 days of the invoice date. Renovo Properties Inc. will work with the client to resolve any payment disputes in a timely and professional manner.

5. Lien Waivers: Upon receipt of each progress payment, the client will be required to provide Renovo Properties Inc. with a lien waiver. This waiver releases Renovo Properties Inc. from any potential liens on the property.

6. Additional Notes: This payment policy is subject to change at the discretion of Renovo Properties Inc. Any changes to this policy will be communicated to the client in writing. Renovo Properties Inc. is committed to providing our clients with high-quality construction services and transparent financial dealings. We believe that this payment policy promotes a clear understanding of our financial expectations and ensures a smooth and successful project for all parties involved.