What if a developer in Croatia fails to deliver construction on time?

1. Check the contract: First of all, pay attention to the clauses in the contract that address construction delays. Often contracts contain provisions regarding delays, including possible liquidated damages (such as interest for each day of delay) imposed on the developer.

2. Communicate with the developer: Contact the developer to get information on the reasons for the delay and the new expected completion date. It is worth determining whether the delay is due to excusable reasons (e.g., bad weather, delays in material deliveries) or to problems in project management.

3. Compensation: If the contract provides for compensation for delays, make sure they are carried out in accordance with the contract. You can also negotiate additional compensation if the delay has significantly affected your plans.

4. Renegotiation of terms: In some cases, certain contract terms, such as the purchase price, can be renegotiated if the delay is significant and causes additional costs to the buyer.

5. Site visits: Regular site visits or hiring an independent inspector to monitor progress can give you better insight into the situation and potential actual completion date.

6. Legal safeguards: If the developer is not fulfilling the contract and is not giving satisfactory answers, you may want to consider legal action. Consulting with a real estate lawyer will help you understand the legal options available to you, such as mediation, arbitration or litigation.

7. Cancellation of purchase: If the delays are significant and unacceptable, and the contract allows for this possibility, you may want to consider cancelling the contract. If this is the case, it’s also a good idea to consult a lawyer to make sure that all legal aspects are properly addressed.