1. A stage in a construction or project where the work is sufficiently finished so that the client can occupy or use the property for its intended purpose, even though minor work may remain incomplete.
The contractor declared substantial completion of the building last month, allowing the tenant to move in despite some finishing work still pending.
O contratante declarou a conclusão substancial do edifício no mês passado, permitindo que o inquilino se mudasse apesar de alguns trabalhos de acabamento ainda pendentes.
2. In legal and contractual terms, the point at which the main objectives of a project have been achieved and performance is deemed adequate, triggering payment obligations or warranty periods.
Upon substantial completion, the developer must provide a certificate allowing the buyer to take possession of the unit.
Após a conclusão substancial, o desenvolvedor deve fornecer um certificado permitindo que o comprador tome posse da unidade.