Delays to milestones should trigger contract-based remedies rather than rely on promises. The agreement should specify a cure period, any adjustment to the payment timing, and the option to withhold further payments until the milestone is certified complete or an agreed remedy is delivered. Use independent inspections or engineer reports to verify progress. Document notices and dates and keep a record of communications. If delays persist, consult your lawyer and the builder to agree on extensions or remedies. The key is to make the process predictable so you aren’t trapped in a cash-flow mismatch when progress stalls.
Public Property Q&A
What Happens If a Milestone Is Delayed or Not Met?
Useful next steps
Use this answer as a practical starting point. Current prices and availability should be confirmed with the relevant seller, developer or manager, while ownership, contracts, tax and inspection matters should be checked with qualified buyer-side professionals.
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