Elamine Lawyers

🏡 Considering Fixed Price Building Contracts in Victoria? Weigh the Pros and Cons! 🏡 As a law firm specializing in construction law, we understand the importance of choosing the right contract for your building project. Fixed price building contracts offer several advantages, but they also come with potential drawbacks. Here’s a balanced look at the pros and cons: 🔹 Pros of Fixed Price Building Contracts: Budget Certainty: Know the total cost upfront, making it easier to secure financing and plan your budget. No Hidden Fees: Avoid unexpected expenses and financial surprises. Peace of Mind: Focus on your project without worrying about cost overruns. 🔹 Cons of Fixed Price Building Contracts: Limited Flexibility: Changes to the project scope can be costly and complicated. Risk for Builders: Builders may face financial risks if costs are underestimated or unforeseen issues arise. Potential for Disputes: Clauses and contingencies can lead to disputes if not clearly defined. At Elamine Lawyers, we help clients navigate the complexities of construction contracts, ensuring that all terms are clear and fair. Whether you’re a builder or a homeowner, our expertise can help you make informed decisions and protect your interests. 📞 Contact us today to learn more about fixed price building contracts and how we can assist you in your construction projects! #FixedPriceContracts #BuildingVictoria #ConstructionLaw #HomeBuilding #VictoriaBuilders #LegalAdvice #BuildingSolutions #ConstructionContracts #LawFirm #FixedPriceContracts #BuildingVictoria #ConstructionDeals #VictoriaBuilders #HomeBuilding #FixedPriceHomes #BuildingContracts #ConstructionVictoria #HomeRenovation #BuildingSolutions #FixedPriceGuarantee #VictoriaConstruction #HomeBuilders #BuildingProjects #ConstructionContracts

Ali Yucel from Feature Point Constructions succeeded in obtaining an outright favourable judgment. Her Honour Judge Kirton sets out very important obiter in the importance of serving a Payment Schedule in a timely manner. This case highlights the importance of keeping your records, documents, reference dates and payment claims in order. It also touches on excluded amounts (and what they are not) and confirms existing case law that a Payment Claim in Victoria can be served by email (perhaps contrary to other states). Thank you Ali and FPC for the opportunity to get an amazing outcome. The case is published on AustLII as of 6 June 2024. A special thanks to Adam Rollnik for his brilliant legal mind and analytical finesse in assisting us in securing this outcome. #SOPA #SecurityOfPaymentsAct #ConstructionLaw #BuildingLaw #SmarterBuilder