When you invoke the termination procedures in a building contract, as long as you treat the process like sweating dynamite you should be OK, save for one caveat – make sure you use a construction lawyer.

Early in my career I worked as a legal and contracts officer at the MBA, and builders frequently brought in paperwork drafted by owners or their lawyers that purported to terminate their contracts. About a quarter of the termination notices were, from a legal point of view, fatally flawed. Be…