Example
What does it look like in practice?
The land is owned by company A, the right to build is established by company B, the permit lists B as the developer, the builder is company C, and the preliminary contract is offered by company D. The common mark of the project does not prove the authority between them.
The buyer must trace the contractual and material connection to the promised object.
What is it commonly confused with?
The "investor builds" often mixes at least three different roles. The builder does not issue a building permit and is not necessarily the owner or seller; the developer does not necessarily perform the works with its own team.
Similar names, a common site or one manager do not make the companies one legal party.
Why does it matter?
For the buyer, the roles show who can transfer title to the property, who gets paid, who makes construction claims, and who signs the individual deeds. A promise by a person who has not made a clear commitment may prove to be of no practical value.
The representation, financial status and dependencies of the particular seller are also checked, not only the reputation of the brand.
What to ask
What should you check next?
Compile a table with the EIC and the role of each participant: land owner, construction right holder, contractor, builder, supervisor, seller and payee. Associate each role with a specific act or contract.
Ask who is responsible for delay, defect, project change, and non-transferability-and where it's signed off.