Sep 18, 2025
Avoid These Pitfalls in Redevelopment Contracts
Redevelopment projects can be exciting, but without careful legal planning, they can become costly. Here’s what to watch out for:
Unclear Ownership Details – Always verify property titles and ownership before signing.
Vague Agreement Terms – Ensure timelines, responsibilities, and deliverables are clearly defined.
Hidden Charges or Costs – Check for additional fees that could impact your budget.
Non-compliance with Legal Regulations – Ensure the project adheres to all local redevelopment laws.
Lack of Dispute Resolution Clauses – Include clear mechanisms for resolving conflicts.
