Home Fee Cost Plus Contract For Construction In Florida
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Description
The Home Fee Cost Plus Contract for Construction in Florida outlines the agreement between a contractor and an owner for residential construction projects. It specifies the scope of work, the location of the work site, and the responsibilities of both parties including permit acquisition and liability for soil conditions. The contract allows for modifications to the project through written change orders, which might incur additional costs to the owner. One key feature is the cost-plus payment arrangement, where the owner pays for actual materials and a predetermined fee for services. Filling out this form requires clear descriptions of the project and payment terms, which are crucial for accurate project budgeting. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a legally binding framework that protects the interests of both the contractor and the owner. Properly using this contract can help avoid disputes by clearly outlining expectations and responsibilities throughout the construction process.
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