Construction Contracts Oregon For Public In North Carolina

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Construction Contract for Oregon Public in North Carolina is a legally binding agreement between a contractor and an owner, detailing the scope of work for constructing a residence. Key features of the contract include the scope of work, work site location, and the responsibility for obtaining permits and addressing soil conditions. The contractor is required to maintain insurance and the owner must provide a boundary survey and title opinion before construction begins. Changes to the scope of work can be made through written change orders, impacting the project's cost. Payment terms are outlined, offering options for cost-plus or fixed fees, along with late payment penalties. The contractor's warranty is limited to workmanship defects within one year, further ensuring clarity in responsibilities. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law, allowing for clear communication of terms and conditions, and minimizing disputes. The structured format aids in easy filling and editing, ensuring all parties understand their obligations.