Home Fee Cost Plus Contract With Contractor In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract with Contractor in Santa Clara is designed to facilitate the construction of residential projects by outlining responsibilities and expectations between the contractor and the owner. Key features of this contract include a detailed scope of work, defined worksite, and clarification on permit acquisition. It stipulates that the contractor is not liable for soil conditions and provides for insurance coverage requirements. A significant aspect of the contract is that it allows for changes to the project's scope through written 'Change Orders,' with associated cost increases to be borne by the owner. Regarding payment, the contract specifies a cost plus model, where the owner pays the actual cost of materials plus an agreed fee for services. Filling and editing instructions emphasize the need for clarity in specifying project details and payment terms. This document is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction, as it outlines legal obligations, protects interests, and serves as a reference for resolving potential disputes.
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FAQ
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
