Swastik Assosiates
Adv.Prashant Laur
16 Years Exp
Construction Agreement Review (Show More)
Gautam Buddha Nagar , Bisrakh
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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 : Adv.Prashant Laur
Law Firm Name : Swastik Assosiates
Country : India
City : Gautam Buddha Nagar
State : UTTAR PRADESH
Practicing Since: 2009
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