Turning Over of Property

8 August 8, 2014 by admin · Filed under: Articles, Tips, Turned Over 

Turn-over is the term used during the final stages of the construction phase. This is when the client takes control of the finished product. In order to assure smooth turn-over’s, there must be a complete fulfillment of the terms and conditions of the contract.

Ideally, the client or his SPA must finalize a series of activities that include confirming the property, completing the promotional activities and sale agreements. There must be a finalized move-in plan as well as a schedule for the unit inspections. Insurance, mail delivery, and garbage collection must already be in place. Inspecting and testing of the security systems must also be done before the turn over happens.

During the turn-over, Homechoice Planners and Construction Corporation (HPCC) provides the client with all the keys to the completed project. HPCC also hands over the “as-built” drawings to the project. HPCC also hands over any excess building material that was not fully used but in some cases, the client may choose to return the materials back to the contractor. Warranties can vary in different areas or territories. It is best to sit down and discuss warranty with the contractor as well as the developer. Homechoice Planners and Construction Corporation warranty period runs about one year. And before any warranty period expires, our architect together with other appropriate consultants should be able to inspect the building to prepare a warranty report.

Careful understanding as to how the turn-over process needs to be done before any other activity.