The one-block post-graduate building for the private institution in Subang Jaya has been completed by a local contractor. This project is completed on schedule and within the allocated budget, per the terms of the contract. Due to the contractor's outstanding work, the university awarded the contractor a contract to design and build a four-story building to house postgraduate students. The contractor was able to purchase 0.75 acres of property, which is around 1.5 kilometers from the university.

a. What option does the contractor have in the event that the landowner decides to participate in the development of the property rather than selling it.

b. Examine the most appropriate kind of agreement the contractor could have with the landowner.

c. Create the possible content of this contract agreement between the contractor and the owner of the land?

d. Evaluate the Power of Attorney (POA) role in this type of contact agreement.

e. Examine TWO (2) potential legal aspects need to be considered the project?

Answer rating: 100% (QA)

A The contractor has a few choices if the landowner chooses to get involved in the propertys development They could sign a Joint Development Agreement ... View the full answer