Real Estate Accessibility Improvement Agreement
Real Estate Accessibility Improvement Agreement
The Agreement, referred to as the Real Estate Accessibility Improvement Agreement, is officially taken into effect starting from the date mentioned as [Effective Date]. This agreement involves two primary parties, the first being a company known as [Your Company Name], otherwise referred to as the "Company" in this agreement, and the second party involved is [Second Party], who will be referred to as the "Contractor" throughout the duration of this agreement.
The two involved parties, the Company and the Contractor, have collectively come to a mutual agreement, adopting the terms and conditions outlined in this Real Estate Accessibility Improvement Agreement.
Purpose of the Agreement
The Company and the Contractor hereby collectively represent the "Parties" involved in this agreement, which primarily focuses on the enhancements, alterations, and improvements to exactly be subjected to aspects of property accessibility. It refers specifically to real estate properties owned and managed by the Company.
Accessibility improvement here refers to alterations in infrastructure or aspects of the property, which could increase the convenience of differently-abled persons.
Responsibilities of the Parties
The Contractor agrees to provide labor, materials, and services necessary to execute and complete all work as described in the plan documents prepared by the Company. The Company's responsibilities include making payments upon completion of work, providing access to the property, and addressing any inquiries or issues raised by the Contractor.
Terms of Payment
The total contract price agreed between the parties is $[00]. The Company agrees to pay the Contractor in periodic installments of $[00], upon completion of determined milestones. Final settlement shall be made upon the conclusion of the Agreement, subject to the Company's satisfaction of the implemented changes.
Confidentiality
The Parties agree to keep the terms of this Agreement, including all associated plans and price details confidential. Any public disclosure of information regarding this Agreement or the work conducted within it must be mutually agreed upon by both Parties.
Termination
Either Party may terminate this Agreement by giving a written notice of thirty (30) days to the other Party. Upon termination, the Company shall pay the Contractor for all services provided up until termination.
Governing Law
This Agreement shall be governed and interpreted according to the laws of [State]. Any disputes arising under this Agreement will be resolved in the jurisdiction where the property is located.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date mentioned above.
[Your Name]
[Your Company Name]
[Date]
[Second Party's Name]
[Date]
