Delay

Delay refers to the failure to complete obligations within the agreed timeframe, typically applied to construction completion or contract performance.

Delay TypeCause
Developer delayConstruction not finished on time
Buyer delayPayment schedule not met
Administrative delayApproval processes slow
Force majeureEvents beyond control
Dubai ConsequencesEffect
Developer penaltiesCompensation to buyer
Buyer defaultDeposit forfeiture possible
Contract terminationRight to cancel after significant delay
RERA interventionRegulatory action for violations


Related Terms

Force Majeure ClauseDeveloper ObligationsLiquidated DamagesCompletion Date

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