Construction Contract For New Home In Fulton

State:
Multi-State
County:
Fulton
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Construction Contract for New Home in Fulton is a legal document that outlines the terms and conditions between a contractor and an owner for building a residential property. Key features include a detailed scope of work specifying labor and materials, identification of the work site, responsibility for permits, and conditions regarding soil and insurance. The contract allows the owner to make changes to the project scope through written change orders, which may result in additional costs. It also stipulates payment terms, whether based on actual costs plus a fee or a fixed fee. Late payment penalties and warranty limitations are clearly defined to protect both parties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured approach for managing construction projects, ensuring compliance with legal and regulatory standards while minimizing risks associated with faults in the building process.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.

A legally enforceable contract must include an offer, acceptance, consideration, capacity, legality, and mutual assent.

To be legally enforceable, an agreement must contain all of the following criteria: An offer and acceptance; Certainty of terms; Consideration; An intention to create legal relations; Capacity of the parties; and, Legality of purpose.

Lesson Summary. A contract is a legal agreement between two or more parties in which they agree to each other's rights and responsibilities. Offer, acceptance, awareness, consideration, and capacity are the five elements of an enforceable contract.

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Construction Contract For New Home In Fulton