When will the building of Wuhan Dengjia New City 1 be delivered?

1. Delivery refers to the behavior of the developer to deliver the house that meets the agreed delivery conditions to the buyer within the delivery period stipulated in the contract according to the commercial housing sales contract. The date agreed in this contract has legal effect. It marks the official start of residential property management construction, and the situation of mutual management and supervision among property management enterprises, owners and users has been formed.

Second, the specific delivery time of the house should be clearly stipulated in the purchase contract signed by the buyer and the seller. You can look at the time specified in the purchase contract. If the developer fails to deliver on schedule, the developer will breach the contract. According to the relevant provisions of the Contract Law, the seller shall pay liquidated damages or compensate for the losses if the delivery is overdue. The parties may agree that when one party breaches the contract, it shall pay a certain amount of liquidated damages to the other party according to the situation of breach of contract, and may also agree on the calculation method of the amount of compensation for breach of contract.

Three, the contract does not stipulate the calculation method of the amount of liquidated damages or compensation for losses, can be determined by referring to the rent standards of similar houses in the same lot published by the relevant competent departments or evaluated by qualified real estate appraisal agencies during the delay of delivery.