ADVOCATE ROHIT DALMIA & ASSOCIATES

 ROHIT DALMIA

 18 Years Exp

 Construction Agreement (Show More)

 Mumbai , Borivali

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Information

A construction agreement is a contract between the builder and the buyer. It describes the rights, duties and obligations of both parties in their dealings with each other. It is important for both the construction contractor and buyer to sign this agreement before they perform any work. The construction agreement can be used for both residential and commercial projects. The contents of the agreement may vary based on the nature of the project.

Some of the information included in a construction agreement are

•    Names and addresses of both the parties
•    Location and address where the construction work is to be done
•    Description of the construction/renovation work to be done with timeline
•    Materials that will be used during the construction
•    Duration of the project
•    Details and method of payment
•    Methods to handle any change in work order
•    The buyer and seller should check that the title flows in the parent documents are correct and does not miss any previous buyer or seller. This is a common type of fraud.Penalty in case the builder defaults in any of the clauses mentioned in the construction agreement


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Name : ROHIT DALMIA

Law Firm Name : ADVOCATE ROHIT DALMIA & ASSOCIATES

Country : India

City : Mumbai

State : MAHARASHTRA

Practicing Since: 2007

About Your Firm : It is Proprietorship Firm Providing Services related to Litigation and Non-Litigation work. The Firm is serving Corporate and Individual Clients across India. Litigations related to Property Disputes, Commercial Disputes, Arbitration, Cheque Bouncing, Consumer, Labour Matters, Municipal Corporation matters, Tenancy disputes, society related matters and Testamentary Matters are being handled by the Firm. Non-Litigation Services related to drafting of Notices, replies, drafting of MOU'S, Contracts, Sale Deeds, Will, Power of Attorney, Providing Title Search of the Property and Vetting of documents and giving legal Opinion to the Clients.

Manpower/Employee Details

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Anshu Kushwaha Bar Council of Maharashtra and Goa

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Subject :  Drafting a Will
Question :  Can i specify an under construction property in the Will? The property will be delivered only after a year. But i want to register the Will now by bequeathing my properties to my son. Is that possible?

Answer by ADVOCATE ROHIT DALMIA & ASSOCIATES :  Yes, You can include it in your will. Also you need to put the liability associated with it, such as housing loan or balance amount payable to the Developer for acquiring the under construction property, so that the beneficiary would be aware about the liability associated with that assets. For further consultation you may contact on 9324538481. Regards