How to deal with construction contract disputes

After successful bidding, if the reserve price is not reached, the deposit will be returned without interest within 10 working days. However, there are fraudsters in the market who take advantage of the opportunity to defraud, which needs to be prevented. Signing the contract of entrusted auction only represents entrustment and does not ensure the success of the transaction. The real sale needs to be confirmed by the contract of sale of goods. When participating in the auction, be aware that many stakeholders may affect the results. To protect their own rights and interests, we need to understand the laws and industry rules and participate in the art market prudently.

When handling the termination of the tripartite agreement, the agreement provisions must be followed or negotiated. The letter of termination is essential as an official document. The cancellation of single and double negotiation shall be notified clearly, and the contract will become invalid after the notification arrives. The dissent of the observant party can be confirmed and relieved through legal channels. Under five specific circumstances, the contract is allowed to be terminated: force majeure, one party's clear failure to perform, overdue after urging, serious breach of contract or failure to achieve the contract objectives. The termination of the contract shall be carried out in accordance with the law and pay attention to the time limit.

During the performance of a contract, one party may suspend the right of performance to protect its own rights and interests when the other party is in business difficulties, dishonest (such as transferring assets) or unable to perform, which is called suspension of performance. This is the embodiment of the right of uneasy defense. The Civil Code stipulates that the right of suspension may be exercised when the party giving priority to performance has sufficient evidence to prove that the other party has seriously deteriorated its operations, transferred assets and other acts. After the contract is proved in written form, the performing party has difficulty in performing and meets the conditions that the other party does have relevant problems. The party that fails to provide evidence will be liable for breach of contract. The exercise of suspension of performance requires written evidence and the other party has the risk of bad behavior or debt performance.