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Speak to an expert: 0161 475 7676
Speak to an expert: 0161 475 7676
Practical Completion means that: Under the standard building contracts, it commences the defects rectification period commences (usually 12 months, but it can be 6 months); It releases half of any retention monies kept back from all interim payments up to...
In short, sectional completion is an obligation to meet the date for completion for just part of the works. Whereas partial possession is an agreement to accept completion for just part of the works. It is usually agreed whilst the...
Practical Completion is a state of affairs in which the building has been completed free from any defects that can be seen (‘patent defects’) other than ones that can be ignored as ‘trifling’. In other words, the defects (and the...
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