Veldrin87
2021-02-15 22:10:36
- #1
Hello everyone,
one of my favored GUs has a final installment of only 2.5% in his main contract. I thought since the new Consumer Construction Law 2018 it was clearly regulated that the final installment must be at least 10% for partial payments (§ 650m para. 1 Building Code). For three other GUs I currently have in the selection, this was correctly taken into account in the respective contracts. Does the one GU with the 2.5% thus violate applicable law? What is to be made of this?
By the way, I also dislike the high partial payment directly after the input planning (10%). Furthermore, there is no mention in the contract about the 5% security deposit. Should the alarm bells ring now, even if the GU otherwise has a good reputation?
Best regards
Veldrin
one of my favored GUs has a final installment of only 2.5% in his main contract. I thought since the new Consumer Construction Law 2018 it was clearly regulated that the final installment must be at least 10% for partial payments (§ 650m para. 1 Building Code). For three other GUs I currently have in the selection, this was correctly taken into account in the respective contracts. Does the one GU with the 2.5% thus violate applicable law? What is to be made of this?
By the way, I also dislike the high partial payment directly after the input planning (10%). Furthermore, there is no mention in the contract about the 5% security deposit. Should the alarm bells ring now, even if the GU otherwise has a good reputation?
Best regards
Veldrin