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A contingency clause in a real estate purchase agreement specifies an action or requirement that must be met, within a particular time frame, for the contract to become legally binding. Both the ...
A 72-hour clause, typically inserted in real estate sale contracts, is also known as an escape clause, release clause, kick-out clause, hedge clause or right of first refusal clause. [ 1 ] The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the ...
Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling
Republic Act No. 11201 signed by President Rodrigo Duterte on February 14, 2019. The law creating the Department of Human Settlements and Urban Development (DHSUD), Republic Act No. 11201, was signed into law by President Rodrigo Duterte on February 14, 2019, with the signing announced to the public by the government on February 19, 2019.
A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors .
Vista Land's operations is divided into four segments: horizontal, vertical, commercial, and affordable housing. The first two involves the development and sale of residential properties, the third deals with the company's venture in the retail and business process outsourcing industry, and the last is involved with the development and management of other business including resorts, hotels ...
A bill of quantities is a document used in tendering in the construction industry in which materials, parts, and labor (and their costs) are itemized. It also (ideally) details the terms and conditions of the construction or repair contract and itemizes all work to enable a contractor to price the work for which he or she is bidding. The ...
Century Properties Group is a real estate company involved in real estate development, marketing, and property management services. As a company it started operations in 1986 and was listed on the Philippine Stock Exchange under the ticker CPG:PM in 2012.