What is the compensation amount for termination of a construction contract?

  • Erstellt am 2012-01-15 14:59:27

ansgarm74

2012-01-15 14:59:27
  • #1
Hello, how high is the compensation amount in other contracts in the case of a voluntary termination. Does anyone have experience with such terminations. Regards A. Müller-Wissmann
 

Bauexperte

2012-01-15 16:09:49
  • #2
Hello,


With contracts based on the Building Code, you can terminate your contract for work at any time. There is no so-called "compensation agreement" because billing is always based on the specific contract for work. The contractor must credit their savings, and you must pay for the performance delivered so far. It is important in this case to initiate a procedure for securing evidence; since you will need legal assistance anyway – in Germany, legal advice is exclusively reserved for the advising professions – you should discuss the exact procedure with your lawyer.

What all contracts have in common, however, is that it also depends on what has been contractually agreed regarding termination/early termination.

Kind regards
 

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