Meaning of Practical Completion In Building Contracts
Mondaq Business Briefing › Hong Kong Law Articles in English (2007)
Linked as:
Extract
Meaning of Practical Completion In Building Contracts
Following the recent judgment of Hong Kong's Court of Final Appeal in the case of Mariner International Hotels Ltd v Atlas Ltd, the term 'practical completion' in Hong Kong building contracts is now arguably a legal term of art which means a state of affairs in which the works have been completed free from patent defects other than ones to be ignored as trifling.
The factsTwo of Hong Kong's major property conglomerates, Sino and Hang Lung entered into an agreement for the sale and purchase of a hotel (the Agreemen...See the full content of this document
Sponsored links
