Construction Contract for Residential Construction
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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FAQ
Identifying/Contact Information. Title and Description of the Project. Projected Timeline and Completion Date. Cost Estimate and Payment Schedule. Stop Work Clause and Stop Payment Clause. Act of God Clause. Change Order Agreement. Warranty.
The use of standard forms of contract is an essential part of construction project administration. The Standard Forms of Contract (SFoC) is a standardised agreement that provides a legal framework regarding right, obligation and duties of contracting parties in relation to construction work that is to be carried out.
#1: Review Your Bid. #2: Review Complete Plans. #3: Review All Specifications. #4: Visit the Job Site. #5: Review the Job Schedule. #6: Complete a Project Checklist. #7: Verify Project Funding. #8: Read Complete Contract.
Your general contractor should provide proof of licensing, bonding and insurance before a project starts, but it's better to have it in hand before you sign any contracts. It's important that contractors carry any licensing and/or certification required for the specific trade or skill they practice.
A contract is formed when one party makes an offer which is unconditionally accepted by the other.A purported acceptance which contains terms different to the offer is not acceptance. This is called a counter offer which may be accepted by the other party or subject to a further counter offer.
Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.
Construction contracts do not necessarily have to be in writing.If contracts listed in the statute of frauds are not in writing, they cannot be enforced. Construction contracts sometimes fall within the terms of a state's statute of frauds and therefore must be in writing in some instances.
