Construction contract with a property developer. What should one pay attention to?

  • Erstellt am 2009-06-15 20:56:57

wellblech

2009-06-15 20:56:57
  • #1
We want to build a semi-detached house with a developer. What should one pay special attention to in the contract? Is it advisable to get neutral advice, and if so, from whom?
 

Thommi

2009-06-16 08:25:06
  • #2
Hello, I would advise you to look for an independent construction supervisor even before signing a construction contract. You conclude a contract with him about how often he appears on the construction site. He accepts all the work carried out by the craftsmen. He will also certainly go through the construction contract with you before signing and point out things that could end up causing you problems. Believe me, the money is well invested and you won’t have sleepless nights. So much shoddy work is done on construction sites. During my time on construction sites, I have seen enough. It is also reported almost daily in the media. If some users here who went bankrupt with the contractors and have already paid money in advance had had a construction supervisor, they would have saved themselves a lot of trouble and money with 95% certainty.

Regards, Thommi
 

Cmajere

2009-06-16 09:34:28
  • #3
In any case, explicitly mention the right of withdrawal:

- Withdrawal if no financing is secured within the next 12 months

- Withdrawal if no suitable property is available

Withdrawal without further obligation and costs
 

wellblech

2009-07-14 22:55:22
  • #4
Thank you for your answers. We have commissioned a lawyer and a construction supervision company to review the contract, and it was well worth it. There were some very important changes regarding the installment payments, the warranty, and some technical details. I can only recommend it to everyone!
 

Somalitiger

2009-08-25 10:45:50
  • #5
What does it cost if you hire an expert etc. for the supervision??
 

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