Are you embarking on a construction or real estate acquisition project?
Technical terms can sometimes be complex. That's why the first article of the series dedicated to the useful lexicon for your construction project, will give a definition of the Project Owner.
First of all, the auditor's mission is to verify that the rules of operation and financing have been respected by the accountant or the accounting department that has established the accounts. It ensures that these rules are in conformity with the applicable texts. Its mission is of a general nature since it certifies the company's financial data to the tax authorities and the State.
The partners' agreement, a confidential agreement drawn up between partners in parallel with the company's articles of association, is an essential legal document to be drawn up as soon as the company is created in order to govern the relations between the signatory partners (identical to the shareholders' agreement for the SA). In other words, it constitutes "the cement of the relationship between the partners" because it will make it possible to define and secure the future of their collaboration within the company.
As economist Robin Rivaton points out, "Some people wonder if people will leave the cities. That's not what we're seeing." He does note a search for individual houses,"but not a fundamental movement that would translate a disaffection for cities". "There will not be a more homogeneous distribution of the population on the territory", insists the economist, who believes that the phenomenon of metropolization will, on the contrary, continue.
