Construction law is the body of law that governs the construction industry. It covers a wide range of topics, from contracts and subcontracts to land use and zoning laws. In this article, we'll discuss the three main principles of construction law.
The first principle is the doctrine of contract. This rule states that a contract between two parties must be valid and complete before it can be enforced. If one party to the contract fails to meet their obligations under the contract, the other party has the right to terminate the contract and seek damages for any losses they have suffered as a result. You can also check this out https://www.therichardsonfirm.com/ for more details regarding principles of construction law.
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The second principle is the doctrine of unconscionability. This rule states that a contract cannot be enforced if it is found to be unconscionable at the time it was made. This means that both parties must have been aware of all of the risks involved in making the contract and still choose to proceed with it anyway.
Unconscionability is often difficult to prove in court, so contracts that are found to be unconscionable often cannot be enforced. The third principle is the doctrine of privity of contract. This rule states that only parties to a contract can enforce it
Construction law is a complex and fast-moving field, with ever-changing legal standards. If you are looking to enter the construction industry, or if you are already working in the construction industry and want to stay up to date on the latest changes in the law, then learning about construction law is essential. This article provides an introduction to some of the key concepts in construction law so that you can start developing a basic understanding of this important area of law.