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My company is renting the office during last 3 years. The rental price is 2700 Euro per month. After several successful transactions i have decided
My company is renting the office during last 3 years. The rental price is 2700 Euro per month. After several successful transactions i have decided to buy the new office and invested money in the construction of the new building. The construction had to be completed up to 1 of July, 2020. Main conditions of the contract: -The price is 450 000 Euro -100% advanced payment -The investor had to be provided with the certificate of ownership up to July, 1, 2020 -The amount of contractual penalizes is 0,001% peer -The building was finally constructed only on September; 15,2022
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Based on the information provided there are several penalties and damages that need to be calculated Delayed completion penalty As the construction was completed on September 15 2022 instead of July 1 ...Get Instant Access to Expert-Tailored Solutions
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