Builders Can Rapidly Get Heavily Compensated For Opportunity Costs If Apartment Buyers Or Property Development Partners Or Lending Banks Fail To Make Payments On Time
This article discusses drafting solutions that lawyers can adopt when drafting joint development agreements for real estate to ensure that their clients can be quickly compensated for opportunity costs if the other party fails to fulfill its obligations. Keywords: Breach of Contract, Reciprocal Promises, Real Estate Development Reference: Indian Contract Act, Section 54, Illustration a Indian Contract…



