The Law Office of Akash Kashyap, Esq.

 Akash Kashyap

 9 Years Exp

 Construction Agreement (Show More)

 North East Delhi , Carterpuri

 View Answers by this Partner (1)

 Profile Views : 21146

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 : Akash Kashyap

Law Firm Name : The Law Office of Akash Kashyap, Esq.

Country : India

City : North East Delhi

State : DELHI

Practicing Since: 2016

About Your Firm : Akash Kashyap is an American trained and American qualified attorney practicing in New Delhi. He has a Juris Doctor from Brooklyn Law School, and is a member of the Bar Council of Delhi and New York State Bar in good standing. Akash Kashyap also has a M.Sc. in Management & Marketing from Lancaster University, and a B.Sc. degree in Applied Sciences from the University of Delhi. Through his career, Akash Kashyap has developed a wealth of experience in cross-border transactions, real estate transactions, intellectual property rights management, immigration law, trusts and estates, and civil litigation in the state of New York. He provides counselling and support on US law and back end support for litigation in the State of New York. His practice also includes general immigration law, intellectual property protection and management, media and entertainment law, cross-border investments, international estate planning, cross-border real estate management and transactions, and international mergers and acquisitions.

Manpower/Employee Details

Sr Employee Associated Sr Employee Enrollment/Reg.No Sr Employee Enrollment/Reg.State
Akash Kashyap D/6879/2017
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  Forming Owners Associations/Societies ( Layouts )
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  Agreements/Deeds(Bulk) ( Agreement for land sourcing )
  Legal Opinion/Title Certification ( Apartment/Builder Floor )
  Agreements/Deeds(Bulk) ( Construction Agreement )
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  Agreements/Deeds(Bulk) ( Sale Deed )
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  Forming Owners Associations/Societies ( Apartments )
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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 The Law Office of Akash Kashyap, Esq. :  You can absolutely do so. You may will any interests in any property you possess to your son. The sale agreement constitutes such an interest - and you may leave it to your son. If the will goes into effect before delivery, then your son will stand in your shoes and be entitled to the delivery of the property at that point of time.