Disclaimer
The information provided serves solely as a general illustration for agreements related to constructing a residence in the United States. It is not legal advice and should not replace consultation with a qualified attorney who specializes in real estate or construction law. Legal requirements and regulations vary by jurisdiction, and modifications may be necessary to meet local standards. The use of this example is entirely at the user’s own risk, and no liability is assumed for errors, omissions, or consequences from its implementation without professional legal review.
Please note: This is a sample New Home Construction Contract template, provided for illustrative purposes only. Actual terms may differ based on specific agreements and applicable regulations.
New Home Construction Contract Sample
Parties Involved:
Builder: XYZ Homes LLC
Address: 123 Construction Ave, Los Angeles, CA 90001
Client: Jane Doe
Address: 789 Maple Street, Los Angeles, CA 90002
Property Description:
The property subject to this agreement is located at 456 Oak Drive, Los Angeles, CA 90003, or other specified lot as further negotiated.
Scope of Work:
The builder agrees to construct a new residential home according to the specifications outlined in the attached plans, and to complete the project by the agreed-upon completion date.
Payment Terms:
The total contract price is $500,000, payable in installments based on milestones achieved, with the final payment due upon substantial completion.
Builder Responsibilities:
The builder shall perform all construction work in accordance with plans, local building codes, and standards of quality, ensuring timely progress and quality control.
Governing Law:
This agreement shall be governed by the laws of the State of California, with disputes resolved in Los Angeles courts.
Additional Provisions:
- The client shall provide access to the property for construction activities.
- Any changes to the scope or plans must be documented and signed by both parties.
- Warranties and defect liabilities are outlined in the attached warranty agreement.
Los Angeles, ______________________
John Builder (Builder)
Jane Client (Client)