Land Share Construction Contracts

land share construction
land share construction

A construction contract in return for a land share, more commonly known as: construction contract for flatIt is a double type and mixed type of contract that imposes debts on both parties of the contract. It occurs when the contract of sale and contract of work come together. While it is the main act of the contract of work for the contractor to create the independent sections and deliver them to the land owners, the undertaking of the land owners to transfer the land shares in return for the contractor's progress payment is the essential act of the sales contract. Due to this mixed structure, it may be a question mark which legal norms should be applied to construction contracts in return for land share. Every concrete inconsistency should be examined in itself, scrutinized and touched on. Legislation and Supreme Court decisions regarding works and sales contracts should be scanned in a neat and detailed manner and used in disputes between the parties as appropriate. If none of the rules pertaining to the work or sales contract can be applied to the concrete dispute, or if these rules conflict with each other, it may be possible to make a decision by the judge in accordance with the general provisions, in accordance with custom and fairness. Supreme Court decisions, which are precedent for filling such gaps that are likely to be pregnant with conflicts and legal disputes, sometimes serve as a guide that sheds light on the darkness, although they sometimes bring up the debate on whether justice has been served or not.

Here, the contractor or the contractor will not be freed from his debts by transferring the independent sections that must be transferred to the land owner only under the contract, architectural drafts and projects related to the construction, technical specificationsThe work must be created in accordance with the law and the necessary administrative procedures must be carried out for the unearthed real estate, for example, occupancy must be obtained.

Construction contracts in return for land share have a very common application area in our country and as a result of this widespread use, they can be the subject of various legal disputes. For this reason, in order to prevent possible loss of rights, we recommend that parties who want to make a construction contract in return for land share should contact a real estate lawyer who is an expert in the field and provide legal consultancy services.

Source: https://www.delilavukatlik.com/post/arsa-payi-karsiligi-insaat

 

Be the first to comment

Leave a response

Your email address will not be published.


*