Provide General Timeframe to Developer – Manage Expectations Clause Samples

Provide General Timeframe to Developer – Manage Expectations. 1. Ideally, let developer know at project planning and budgeting stage how many months in advance he needs to engage you to start working on condominium formation, so it will not be a fire drill, and he can build it into his project schedule and project budget from the start. It is important to manage client expectations and let client know the various factors that can cause the condominium formation process to take longer than expected. 2. Advise developer to engage experienced consultants (surveyor with experience creating condominium plats/maps/plot plans and accountant with experience preparing condominium budgets) at same stage of development as he/she engages you. a. Non-conforming plats/plans and budgets are frequent sources of delay and add to legal fee expense.