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A contract that is unenforceable because it has not complied with the Statute of Frauds (an old English Law, adopted in the United States, that requires certain contracts to be in writing) cannot be enforced through specific performance.
Contract. In addition to its legal meaning, this expression is often used to describe the project as a whole. Contract bills . Synonym for bills of quantities. Contract sum. This expression is generally used to describe the pre-agreed price for lump sum building works. In the JCT contract it has a particular definition which excludes VAT.
Valid Contract means a contract for the sale of any Facility or Facilities that (a) provides for a then customary market-standard deposit to be paid simultaneously with the execution of such contract, (b) contains no financing contingencies, (c) provides for no recourse to the assets of the NorthStar Member or the TFG Member or the Venture, othe...
The most up-to-date dictionary of building, surveying, and civil engineering terms and definitions available.
11 cze 2021 · There must be validity of contract. The significance of a contract is that the promisee is entitled to performance of the promise or, failing that, to compensation for non-performance. A contract by law Footnote 2 is enforced in two stages: 1. The first stage is decision, mostly on whether there is a right to payment or compensation, and how much.
Revised in 2020, the glossary links to terminology in Construction law made easy. Use the alphabetical navigation bar in the banner or the search function at the top of the page to browse Constructionary.
a construction contract to cover the related issues and risks that will most likely apply. There are standard form contracts for both construction work and construction-related professional services (for example pure design work, or supervision work for construction). Standard form contracts are useful because they can be obtained and understood in
