What are my right regarding a delay in the completion date og my building?

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What are my right regarding a delay in the completion date og my building?

I contracted a business, Company

Asked on September 27, 2018 under Real Estate Law, Virginia

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

If the completion date is in the contract and they cannot make that date, they will be in breach of contract--in violation of the contractual obligations they undertook. That breach can provide a basis to terminate the contract, but that might not help you--you'd then have to bring someone else in to do the work, which would likely delay it further--and/or to sue for compensation--such as money to compensate you for lost business or profits, if you can prove them to a sufficient certainty. First try to negotiate some compensation with them voluntarily--negotiation is free, whereas litigation (suing) is not. If that does not work, speak to lawyer about possibly suing and what you might be entitled to.


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