Is the payment plan overall okay?

  • Erstellt am 2019-07-20 16:18:17

Kekse

2019-07-21 01:26:43
  • #1
As someone who has been burned in matters of entrepreneur insolvency, I first suspect liquidity problems if the BU is not at all willing to negotiate a payment plan. For property developer businesses, there is a standard payment plan (easy to google, I don't know if it is binding for property developers), which can serve as a good orientation. Our general contractor moved €30k from the second installment to the final installment without any problems. Things like loan disbursement assignments are, of course, completely out of the question.
 

neutronbx

2019-07-21 20:31:46
  • #2


Yes, there is still a little leeway. Clauses like "assignment of the loan disbursement," "assignment of the order of disbursement," "assignment" of the right to the house" are not included. We are not sure if we should rather have the contract reviewed by an expert/lawyer. For example, the contract does not mention anything about a security retention...
 

Similar topics
06.02.2013Developer says: No more insulation!12
23.03.2011Developer or architect?15
26.09.2011Finding tiles from other manufacturers / sample selection for builders13
16.06.2011Conclude a construction contract under reservation?10
09.07.2012Developer offer for single-family house - Are the construction costs acceptable?16
16.07.2012The builder "outsources" fixed-price services to subcontractors12
03.08.2012Contract Supplement to the Construction Contract by the Developer36
30.09.2012Developer - Is withdrawal from the purchase contract possible?11
13.06.2015New construction with developer / construction drawing documents23
15.03.2016Developer changes plot size25
10.09.2016Construction financing and contract with the developer24
21.07.2017Buying a terraced house from a developer - contract content?71
30.12.2017Take over the insurance from the developer after handover of keys?15
29.05.2018Buying a house from a developer - required documents33
30.08.2019Must developers indicate immense embankment height/costs?12
04.03.2019Client-side while building with a property developer16
06.01.2020House purchase, prefabricated house from the developer with land10
13.07.2020Developer does not want to offset lump-sum damages with installments19
03.10.2025Floor plan changes for end-terrace house from the developer134
25.12.2023Behavior in case of imminent delay by the property developer48

Oben