sen & associates

 Basanta Kumar Sen

 45 Years Exp

 Construction Agreement (Show More)

 Kolkata , Kolkatta G.P.O.

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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 : Basanta Kumar Sen

Law Firm Name : sen & associates

Country : India

City : Kolkata

State : WEST BENGAL

Practicing Since: 1981

About Your Firm : I am a practising lawyer since the year 1981. I formed my o wn firm in the year 1985 and handle civil cases mainly in HIgh COurt and in all District Courts, Tribunals, Bank Tribunals, National COmpany Law Tribunals, outstation courts, and specilaising in Arbitration and documentation of all kinds including searching of title, registration, etc.

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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 sen & associates :  Yes. It is very much possible. You can go ahead.