Banks are not blind! They carefully check the progress of construction and want to be sure that the developer has everything under control.
That's why it's important to have a thorough budget, schedule, and a quality contract for the work.
There are certain specifics of bank financing of development construction, and in an article on INFO.CZ, Lukáš Žáček, a partner of our law firm, discusses them.
This website uses cookies to make it easier for you to use the site. We offer customized content or advertisement and anonymously analyze traffic. You can change cookies at any time. Do you agree with the use of cookies?
Statement of the Processing and Protection of Personal Data
Provide basic page functionality, the site can not function without them.
Count traffic to the site and collect anonymous statistics to enable us to better understand your needs and to improve the site continuously.
Collects information to better tailor your ads to your interests, both on and off these websites.