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.
Oregon Construction of the Premises
Category:
State:
Multi-State
Control #:
US-OL12016
Format:
Word;
PDF
Instant download
Description
How to fill out Construction Of The Premises?
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FAQ
Projects that do not require a license from the CCB include gutter cleaning, power & pressure washing, debris clean up (yard or construction site), and handyman work on projects with a contract value of $1,000 or less.
To become a general contractor in Oregon, you must complete the required pre-license training. In order to obtain your Construction Contractors Board (CCB) license, you must be at least 18 years old and have completed 16 hours of training on law and business practices. You must also pass an Oregon State test.
Does Oregon limit the amount of retainage that can be withheld from a contractor? Retainage from any party may not exceed 5% of the value of the work completed. Summary of Oregon Retainage requirements and laws for Oregon construction projects including free forms, FAQs, resources and more.
How Much Does an Oregon Contractors License Bond Cost? Oregon Contractors License Bond CostsLicense typeBond AmountSurety Bond Cost by Credit ScoreFor jobs of more than $25,000 but less than $50,000 or for a probationary license$15,000$450-$750For jobs of $50,000 or greater$20,000$600-$1,00012 more rows
Generally, Oregon law requires anyone who works for compensation in any construction activity involving improvements to real property to be licensed.
Lawful purpose: A valid contract must have a legal purpose that is enforceable in court. Capacity: A party to a contract must have the ability, or legal competence, to enter into a contract.
Contractors may be criminally charged with fraud, theft, or negligence if they fail to complete their work as prescribed in the contract agreement. In some cases, contractors can use legal defenses like lack of intent or inability to finish the job due to duress or necessity to avoid criminal prosecution.
ORS Chapter 701 ? Construction Contractors and Contracts.
