- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 27 Aug 2014
To help develop this article, click 'Edit this article' above.
Rescission is the process of returning both parties to a contract to the position they would have been in had they not entered into a contract. If a contract is rescinded, it is treated as if it did not exist.
NB Where one party behaves in such a way that it indicates it no longer intends to accept its obligations under the contract, this is considered to be a repudiatory beach (or fundamental breach) allowing the innocent party to terminate the contract and to sue for damages. This is not rescission, as the parties are not returned to the position they would have been in had they not entered into the contract.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
The real impact of late payment.
How to tell which infrastructure projects will work.
The government announces the biggest change in building safety for a generation.
Key messages from the UN COP 25 conference.
Reducing the risks of buying off-plan
A lighthouse history from Eddystone to Fastnet. Book review.
Telling the story of the Government Code and Cipher School.
Are you an experienced writer with a practical understanding of the industry?
Hagia Sophia, Istanbul.
New Dwelling House at Grange View.
The causes of sinkholes.
The growth of megacities.
The restoration of Big Ben.