V&K Law

 Khyati Dhupar

 13 Years Exp

 Construction Agreement (Show More)

, Baroda House

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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 : Khyati Dhupar

Law Firm Name : V&K Law

Country : Andorra

Practicing Since: 2013

About Your Firm : We pride ourselves on providing personalized service by hand-holding clients in all their legal requirements through a practical, holistic and commercially viable approach. We work closely with each client to understand the needs of their business and thrive to provide quality legal solutions to their utmost satisfaction. We believe that the combination of our Firm's culture, experiences, alliances and the quality of our lawyers, allows us to offer a level of client service that makes us their legal confidante. Our team of lawyers hold the experience of working with big organizations in India as well as abroad. Our Clients range from various sectors including Steel & Mining, Infrastructure, FMCG, Media & Information, Shared Services, Event Management, Real Estate and Insurance and Financial Services.

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