Developer contract law

The Developer Contract Act protects the buyer of an apartment or house that has yet to be built or thoroughly renovated against the insolvency of the developer.

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The Developer Contract Act provides several options for this.

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Payments to the developer, for example, are made strictly according to a statutory installment plan model. Only when the legally defined construction progress has been confirmed by an expert will the agreed installment become due for payment.

The notary as trustee monitors the payments and only forwards them to the developer if the expert has given the relevant confirmation.  

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We draw up property development contracts and handle the trustworthy execution.