This office lease form describes the landlords costs and expenses for all work performed and the conditions under which the construction is to be completed. It also states the tenants plans and specifications.
Mississippi Construction of the Premises
Category:
State:
Multi-State
Control #:
US-OL12016
Format:
Word;
PDF
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Description
How to fill out Construction Of The Premises?
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FAQ
The term ?contractor's tax? is the common vernacular used to refer to Mississippi's special sales tax applicable to construction projects. Mississippi sales tax law imposes a 3.5% contractor's tax on all non-residential construction activities when the total contract price or compensation exceeds $10,000.
A breach of a construction contract in Mississippi is subject to a six-year statute of limitations. MISS. CODE ANN. § 15-1-41 (1972).
A residential contractor license is required for anyone working on residential construction totaling $50,000 or more, or residential remodeling or roofing over $10,000. Residential electrical, plumbing or HVAC work is regulated by the city or county where the work is done.
The state's civil statute of limitations ranges from one to seven years, but most civil actions have a time limit of two years to file from the date of the (alleged) incident.
Statute of limitations in contracts for sale. An action for breach of any contract for sale must be commenced within six (6) years after the cause of action has accrued. A cause of action accrues when the breach occurs, regardless of the aggrieved party's lack of knowledge of the breach.
Another example is the statute of repose, which is the date the victim must file a civil action by, even if the injury has not yet been discovered. In Mississippi, the statute of repose is seven years from the date of the malpractice.
Structural Coverage for Major Structural Defects is provided for 6 years. Pricing based on low flat rates per home. Builder liability in the Mississippi CSW program is limited to 1 year only.
