Building And Vacant Land Contracts In Geelong: What You Need To Know
When it comes to buying or selling buildings and vacant land in Geelong, it's important to understand the different types of contracts that are used in the process. Building and vacant land contracts in Geelong can vary depending on the type of property and the terms of the sale. In this article, we'll take a look at what you need to know about building and vacant land contracts in Geelong. Building Contracts A building contract is a legal agreement between a buyer and a seller for the construction of a new building or the renovation of an existing building. In a building contract, the buyer agrees to pay the seller for the construction or renovation of the building according to the terms and conditions outlined in the contract. Building contract Geelong typically includes details such as the scope of the work, the materials to be used, the schedule of payments, and the completion date of the project. Vacant Land Contracts A vacant land contract is a legal agreement between a b...