Contractual penalty - When is the payment?

  • Erstellt am 2013-09-10 21:37:27

Frank Siekmann

2013-09-10 21:37:27
  • #1
Hi, our house will not be ready for occupancy by 01.10. as agreed. For this reason, a contractually agreed penalty of €60 per day applies. Unfortunately, we have not agreed on payment modalities. However, we do not want it to be offset against the final installment. Is there a legal regulation on how the payment must be made? For example, weekly payment?

Thank you and best regards Frank
 

Bauexperte

2013-09-10 22:59:44
  • #2
Hello Frank,


According to which contract terms did you conclude your construction contract? According to VOB or the Building Code and which §§ are listed as bindingly agreed under the point penalty clause?

Best regards from the Rhineland
 

Frank Siekmann

2013-09-11 07:28:28
  • #3
According to VOB. No paragraph is mentioned.
Best regards Frank
 

Similar topics
15.10.2016VOB / Advantages/Disadvantages from the perspective of clients and contractors11
25.05.2018Water damage due to heating. Warranty according to VOB12
02.11.2018Contractual penalty for sale/rental within x years12
24.11.2019Exceeding the construction time, contractual penalty22
06.09.2024Contractual penalty in the Building Code contract - new construction20

Oben