Preliminary insolvency of the developer - What to do?

Approximately 10%-12% of the construction sum is the value of planning, building permit submission, structural analysis, thermal calculation, execution plans of individual trades, construction management, acceptance, verification of the craftsmen’s invoices, and tenders.

About 10%-12% of the construction sum is the value of planning, building permit submission, structural analysis, heat calculation, detailed plans of individual trades, site management, acceptance, verification of craftsmen's invoices, tenders.

Exactly. And that throughout the entire construction phase. The planning before the start of the actual work is only 5% in a fair payment plan.

Another typical case of fear of the lawyer, since this also costs extra money.... but as everyone here has already said, this is saving in the wrong place!

Definitely get legal support, otherwise you can only lose! 15% without having built anything... wow, that's quite a statement. We paid around 3-4% before the first groundbreaking ceremony (GU).

And we the first invoice, 10% plus additional earthworks after the construction of the base plate. Building permit and fee to the utility provider directly to them.

You need legal advice because
- you have not fully understood what kind of contract you signed,
- your contracting partner is at risk of insolvency,
- you want to terminate the contract for work.
Please make sure to consult a specialist lawyer for construction law! Make an appointment today, bring the contract, get advice on what exactly you have signed, and explore the possibilities for termination.

The costs will be around 300 euros +/- 50%.

Hello,

who says that I am afraid of a lawyer or that I don’t want to spend the money? What are 300 € in a construction sum of 450,000 €?

I have already contacted a lawyer for construction law and he clearly told me that he cannot do anything meaningful without an official letter from the insolvency administrator.

Termination is possible if the insolvency administrator does not mediate our contract or if the general contractor becomes insolvent, so we could terminate immediately upon receipt of the official letter.

Should I then contact a lawyer for insolvency law, in your opinion?