Residential Construction Contract
1. Introduction
This Residential Construction Contract (the "Contract") is entered into on [Insert Date], by and between:
Contractor:
[Your Name]
[Your Company Address]
Client:
[Client's Name]
[Client's Address]
2. Project Description
The Contractor agrees to construct a new residential property (the "Project") for the Client located at [Property Address]. The scope of work shall include but not limited to:
Excavation and site preparation
Foundation construction
Framing, roofing, and exterior finishes
Interior finishing including plumbing, electrical, HVAC, and insulation
Installation of fixtures and appliances
Landscaping and Exterior Improvements
3. Project Timeline
The construction of the Project shall commence on [Date] and is anticipated to be completed by [Date], barring any unforeseen circumstances or delays beyond the Contractor's control.
4. Payment Terms
The total cost of the Project is agreed upon as [Total Cost]. Payments shall be made according to the following schedule:
5. Change Orders
Any changes to the scope of work must be agreed upon in writing by both Parties. The cost implications of change orders shall be discussed and approved before implementation.
6. Responsibilities
6.1 Contractor's Responsibilities
Provide skilled labor, materials, and equipment necessary for the construction.
Adhere to local building codes and regulations.
Maintain a safe working environment.
Complete the Project within the agreed timeline.
6.2 Client's Responsibilities
Provide access to the construction site as required.
Obtain necessary permits and approvals.
Make timely payments as per the agreed schedule.
Communicate any concerns or changes promptly.
7. Warranties and Guarantees
The Contractor warrants that all materials used in the construction shall be new and of good quality. Workmanship is guaranteed for a period of [Warranty Period] from the date of completion.
8. Insurance and Liability
The Contractor shall maintain appropriate insurance coverage, including general liability and workers' compensation insurance. The Client shall not be held liable for any injuries or damages occurring on the construction site.
9. Termination Clause
Either Party may terminate this Contract in writing if the other Party breaches any material term and fails to remedy such breach within [Cure Period] days of written notice.
10. Dispute Resolution
Any disputes arising out of or relating to this Contract shall be resolved through mediation or arbitration under the laws of [Jurisdiction].
11. Governing Law
This Contract shall be governed by and construed under the laws of [Jurisdiction], without regard to conflicts of law principles.
12. Signatures
IN WITNESS WHEREOF, the Parties have executed this Contract as of the date first above written.
[Client's Name]
[Date]
[Your Name]
[Date]
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