Construction contract: pitfalls in disputes, answers to questions, case law
Investing in real estate, building new facilities is one of the best options for investment today. For this, you do not need to conduct statistical research, but just take a walk around your own city, where new houses are being special database built every day. Residential and commercial facilities are constantly increasing in price, which allows their owner to receive a guaranteed profit every month. Builders also do not need to look for a potential client, there are always enough orders.
On paper, everything is quite simple: designed - built - paid for the work.
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In reality, at any of these stages, misunderstandings, disputes, refusals to continue construction, poor-quality work, delays in payment, etc. may arise.
Therefore, before starting to invest, it is necessary to thoroughly study all possible scenarios in certain cases, learn about pitfalls, so that later, with a prepared plan, you can come to a solution to the problem.
It is about such pitfalls that I will talk about and answer questions in this article.
I will support my answers with the legal positions of the Supreme Court, whose conclusions are binding on all other courts and are applied during the consideration of a court case.
There are many legal aspects to consider in the world of construction contracts
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