ADVOCATE ROHIT DALMIA & ASSOCIATES

 ROHIT DALMIA

 19 Years Exp

 Construction Agreement Review (Show More)

 Mumbai , Borivali

 View Answers by this Partner (1)

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Information

Overview

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

 Legal & Drafting

  Power of Attorneys ( Special Power of Attorney )
  Registration Assistance ( Plot )
  Packages ( Legal Opinion to Registration (Apartment) )
  Affidavits ( Student Affidavits )
  Lease/Rental Agreements ( Residential Lease Agreement )
  Procure Revenue Documents ( Encumbrance Certificate )
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  Procure Revenue Documents ( Mutation )
  Agreements/Deeds ( Construction Agreement Review )
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  Agreements/Deeds ( Memorandum of Understanding )
  Packages ( Sale Agreement to Registration (Plot/Site) )
  Affidavits ( Name & Address Affidavits )
  Lease/Rental Agreements ( Commercial Shop Rental Agreement )
  Consultation on Property ( Property Buying )
  Agreements/Deeds ( Construction Agreement )
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  Power of Attorneys ( General Power of Attorney )
  Agreements/Deeds ( Joint Development Agreement )
  Packages ( Sale Agreement to Registration (Apartment) )
  Affidavits ( Personal Affidavits )
  Lease/Rental Agreements ( Commercial Lease Agreement )
  Consultation on Property ( Property Selling )
  Agreements/Deeds ( Sale deed )
  Property & Documents Inspection ( Agriculture Land Inspection )

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