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Home / Legal / Due Diligence / What are the documents to certify cost of constructio/purchase for calculation of profit ?
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What are the documents to certify cost of constructio/purchase for calculation of profit ?

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0 2022-04-11T18:57:44+00:00
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Hi there,

Certifying the cost of construction/purchase for calculation of profit is a necessary step to keep the expenses of the owner in check. Following are the documents required to certify the construction/purchase cost:

  • Description of the product or materials used in construction

  • Quantity of product or materials used in construction

  • Bills of all the products used.

  • Payment terms

  • Bills of installations

  • Bills of payments done to engineers, electricians, plumbers, and all other handymen involved.

  • Description of the property.

 

Any other legal document that has been generated while the construction or purchase of the property can also be used to certify the cost of construction/purchase.

I hope this helped you out.

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