Throughout the construction process, there should be a series of walks with the builder. This can be pre-construction, pre-drying and pre-tenancy. During your visit before dry construction, record images or videos “inside the walls” to find out where there are additional blockages, wiring, pipes, etc., when you start hanging TVs and artwork. Inspectors should visit the house in the pre-dry phase, so the pre-Drywall walking through is the right time to check the inspector`s report with the client. The pre-settlement walk through looks like a final walk of a resale purchase and is your last opportunity to draw attention to possible problems before closing. If you do not deal directly with the client, the sales representative may not be able to conclude the agreement on site without verification by the client. Authorization or counter-offer is usually fast. However, you may want to consider adding an irrevocable date to your offer – a deadline for the client`s response, after which your bid is no longer valid. DL: Construction delays and force majeure are generally considered to be beyond the ability of the client to influence. Contracts are not written to allow for the buyer`s daily fees against the seller. The buyer usually has to wait.
There may be an indication of the seller`s ability to complete the construction and remedies if the contracting authority cannot be completed and if they can be limited to the return of the buyer`s accounting. Often, the agreement starts with your offer to buy the house from the owner. Once you have signed the offer, it binds you, that is. You have accepted all the conditions set. If your client accepts the offer and signs the contract, it becomes binding on both parties. If your client has submitted a contract to you, it is an “offer to sell” that will become legally binding on both parties as soon as you accept it. . . .