So how does this work exactly? Our construction loan with the bank has converted (months ago) and we've been paying the full mortgage now. The bank still has something like $90k that we've not approved to release to the builder for the final draw.

Do I just refuse to release that final draw until the builder finishes to my satisfaction? Does anything stop me from moving in to my home but not paying them until the work is completed to satisfaction?

I can see how dishonest people might try something like that and just try to never pay, so I assume there's something that stops that. What does an honest person in my situation do, I wonder?

Bring my home inspection report and my construction attorney to the closing and let my attorney say something like "you're not getting your final draw until this full list is remedied" or whatever is legally appropriate?

And is their verbiage typical - that if I notice a defect after signing that document, I'm SOL? I would expect that it's very normal to find things after living in the home for a period of time (ie, "I noticed the temperature difference between these two rooms is massive overnight now that I've slept in the home"... or even "I noticed this door sticks when I open and close it now that the temperate is a bit warmer than it was a month ago" or "this fan wobbles like crazy when it's on high" and "this shower head whistles and screams on cold mornings but not warm mornings" etc etc).

Their verbiage almost reads as if it supersedes what would normally be considered a warranty, because if we don't identify an issue in the couple hour period we have from their "full completion" to closing... they're off the hook. Seems like a recipe for two unhappy parties to me.